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Probate is a complex and extensive process that can cost a deceased’s surviving heirs time, money and energy. Fortunately, there are ways to speed up an estate distribution, one of which is to identify which assets must go through probate and which are exempt. How...
The probate process can last months or sometimes even more than a year depending on how many assets someone has and the claims against their estate. The representative of the estate has to fulfill certain tasks during probate, such as filing a tax return and repaying...
If you’re the executor of an estate, you may not have anticipated that one of your challenges might be having to track down a missing heir or other beneficiary. However, that can happen if the contact information the deceased person had for one of their extended or...
Many older adults choose to spend their golden years in Florida. They sell their home in another state to move full-time to the Sunshine State, or they travel back and forth between another residence and their Florida home. When someone officially moves to Florida or...
If someone who trusts you names you as their executor, personal representative or trustee for their estate, you will have to manage their assets and legacy after they die. For many Americans, the home will be their biggest asset and something they want to share with...
One this week’s episode of Focus on Elder Law Sherri and Ammie discuss why it is important to start the Probate process in a timely fashion after a person passes. Listen in as they answer the following questions: How quickly should you start Probate after a person...
This week on Focus on Elder Law, Sherri and Aimee talk about the legacy of Sherri’s father, the late Dr. T. Wayne Bailey. Sherri also shares her personal experience in dealing with funeral planning when no plans or wishes have been put in place because of an...
In this week’s episode of Focus on Elder Law, Sherri talks about why you need an Estate Plan even if you think you don’t have much or you think everything will automatically go to your spouse. Some other questions she answers are: Why you shouldn’t take the “self...
On the most recent edition of Focus on Elder Law, Sherri talks about the Probate Process. What is Probate? When do you need Probate? Why does the Personal Representative need and attorney for Probate? When does the beneficiary need their own attorney? What can you do...
The NEW correct answer to this question is YES. One of the most frustrating aspects of the federal response to the financial hardships faced by many Americans as a result of the coronavirus pandemic is the lack of guidance available from Federal authorities. COVID-19...