Legal articles focusing on Wills and Probate Law |
| Probate |
| When a person dies, two matters of importance are payment of the decedent's outstanding debts and transfer of the decedent's property to those entitled to it. Perhaps the most common way of settling these matters is through the court proceeding known as probate.
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| Will Basics |
| A will is a very important part of your estate plan because it details exactly how you want your property to be distributed after you die, and makes sure that the person you want as executor takes control of the proces. But, be sure your will is valid. |
| Necessary Will Provisions |
| Provisions in a will vary depending on a person's situation. There are some things that need to go into your will regardless of your circumstances. Other things become crucial depending on your individual needs and desires. Make sure your will covers everything it needs to. |
| Life Estates |
| A life estate is an interest in real property that gives a person the right to live in, use and enjoy the property during his or her lifetime. The life tenant's ownership ends when the person dies so the life tenant cannot leave the property to heirs but may transfer their interest to another. |
| Personal Gifts in Wills |
| Personal gifts can be made while a person is alive or they may be made after death, according to that person's will. When a gift is given during someone's lifetime, it is called an inter vivos gift. When a gift is transferred upon a person's death by a will, it is called a testamentary gift. |