Choosing someone to execute your estate is one of the key tasks to cover in your estate plan. If you don’t make the choice, then a probate court will be forced to do it for you. Here are some of the things to consider when deciding who to ask: Do you trust them? You...
Month: May 2024
Factors that can delay probate
Probate is the legal process where the courts assess the validity of a will and oversee the administration of an estate. Typically, this process should take between six and 12 months but there can be delays. What are some of the main factors that can delay probate? ...
Should you have a mirror or joint will with your spouse?
It’s not unusual for married couples to craft their wills at the same time. Broadly speaking, most couples either choose to create mirror wills or joint (“mutual”) wills. What’s the difference? While both outline how assets will be distributed upon the death of one or...
Be informed: Ask questions before becoming an estate executor
After losing a close loved one, you’ll want to review their will. If executed properly, it should outline their final wishes and may name a trusted friend or family member to settle their affairs. Being chosen for this role is a true honor, a testament to the respect...