What is an “estate?” In this podcast, Tucker Allen attorney discusses the probate process, the responsibilities of a personal representative, and reviews some other estate considerations, such as gifting.
A thorough estate plan is critical to protecting loved ones and providing peace of mind. When a person creates an estate plan, they are assuming their beneficiaries will outlive them. Unfortunately, this is not always the case. From this issue arise many questions. The most common question being is, “Who inherits if the beneficiary has... Read more »Read more…
A basic will is certainly better than no estate plan. And if you never get around to creating even a simple will, the state has a default plan already in place for you. Unfortunately, the state’s plan might be contrary to your wishes. Plus, all your probate assets will be a matter of public record, and following the state’s default plan will likely be slow and expensive.
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