Probate, a legal process to validate a dead person's will, can bring along a tough time for those left behind. The issues involved with this process often seem overwhelming to people. There are many ways the probate process can inadvertently become a source of...
Month: January 2024
What do filing inventories and preparing accountings mean?
The primary goal of estate administration is to ensure a systematic and lawful transfer of a deceased person's property to their heirs or beneficiaries. In Virginia and other states, estate administration includes filing inventories and preparing accountings. This...
How can you reduce arguments among beneficiaries during probate?
Probate, the legal process of giving away a dead person's assets, may lead to challenges for beneficiaries. Arguments often arise, creating tension among family members. However, it is possible to reduce conflicts during this difficult period. Clear communication...
What should business owners know about estate planning?
For business owners, estate planning involves preparing for the future management and distribution of your assets, including your company, in the event of death or incapacitation. This planning is essential not just for personal reasons but also for your business's...