What is probate? Probate is a transfer of legal title of property from the estate of the deceased person to their proper beneficiaries. The word probate actually means, “to prove”. It is a legal process of dispensing an estate. The process of a probate is entails the deceased’s property and pass it on to people by a will or the laws of the state. It is always wise to get legal counsel with an attorney that is familiar with the process of a probate to help you understand and protect your...
29 Oct
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Power of attorney, what it actually means, is appointing another person or people authorization to make financial decisions on your behalf, in case of illness or an accident, in case that you are not mentally capable to make decisions on your own. It is a document that is signed by you and witnessed by two individuals. Attorney should not be confused as your lawyer, but refers to the person that you select to authorize your affairs. There are two types of Power of Attorney, the first being A Continuing...
29 OctComments Off
A testament and last will is a document that is legal in which a person, names one or more person(s) to administer his or her estate and follow out instructions that have been supplied on distribution of assets at the time of death. Loved ones and family members have the right to the property and assets, unless other wise stated in the will. Thinking about one’s death is not something that we want to consider, but preparing for it, is a wise choice to make. A testament and last will with a...
29 OctComments Off
