News & Analysis as of October 31, 2024

Probate

+ Follow

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process. less -

Wills and estates in the Cayman Islands

Carey Olsen on 10/24/2024

Without advance planning the task of determining an individual’s final wishes and administering a deceased’s estate can be time-consuming and expensive. Set out below is a summary of the various ways in which an individual...more

Family Members Living With Dementia: Guardianship and Guardianship Alternatives

Hendershot Cowart P.C. on 9/9/2024

Celebrities like Jay Leno and Emma Hemming Willis (married to Bruce Willis) are speaking out about their experiences with guardianship and caregiving. If you are caring for a family member with dementia too, a time will...more

Planning to Avoid Fiduciary Litigation

Husch Blackwell LLP on 9/5/2024

When a loved one dies, the last thing you want to deal with is a lawsuit, or have your heirs inherit a lawsuit. After the death of a maternal or paternal figure that keeps the family together, tensions flare between siblings...more

The Tragic Death of Migos Rapper Takeoff: A Wake-Up Call for Young Adults to Plan Their Estates

Fleurinord Law PLLC on 8/20/2024

The untimely death of rapper Takeoff, a member of the Grammy-nominated hip-hop trio Migos—also consisting of rappers Quavo and Offset—left fans, family, and the music industry in shock. Born Kirshnik Khari Ball, Takeoff’s...more

Do Your Beneficiary Designations Coordinate with Your Will?

Bowditch & Dewey on 8/2/2024

Many people fear the word probate, and it is not without reason. Probate can be a tedious, expensive and lengthy process, where you are at the whim of the court’s timeline. But what is probate? Probate is when you must...more

Legal-Ease: What Happens to a Family Member's Bank Account After Death?

Foster Swift Collins & Smith on 7/9/2024

Dear Jonathan: My father, a widower, passed away a couple of months ago. Being his only child, he appointed me as his agent on his durable power of attorney so that I can handle his bill paying which I have been doing for the...more

Transfer on Death Deeds Adopted by New York

Farrell Fritz, P.C. on 7/2/2024

Avoiding probate is often an important goal for many estate planning clients. Probate is the court-supervised process of administering a deceased person’s estate and transferring their property at death pursuant to the terms...more

Navigating the Twists and Turns of Aretha Franklin’s Estate 5 Years Later: Lessons Under Texas and Florida State Laws

Fleurinord Law PLLC on 6/10/2024

Aretha Franklin, the legendary Queen of Soul, passed away on August 16, 2018 from pancreatic cancer at the age of 76 in Detroit, Michigan. She left a legacy marked by her incomparable music and talent, and a $6 million...more

Navigating Probate Litigation in New York: A Comprehensive Guide

Mandelbaum Barrett PC on 5/9/2024

Probate litigation can be a complicated and emotionally taxing process, especially in a state like New York known for its stringent probate laws. When disputes arise over the distribution of assets or the validity of a will,...more

Trial Win for Warner Clients in Dispute Over Decedent’s Assets

Warner Norcross + Judd on 4/23/2024

Trial attorney David Skidmore from Warner Norcross + Judd LLP’s Probate Litigation Practice Group, a subgroup of the firm’s Litigation and Dispute Resolution Practice Group, recently represented clients in a trial before the...more

When Do I Need A Living Trust In Washington?

Dunlap Bennett & Ludwig PLLC on 3/22/2024

A living trust, also known as an “inter vivos” trust, is a trust that you create while you are still living. Trusts can be understood as a type of contract between the funder of the trust (“trust grantor”), the trustee, and...more

Mastering the Probate Maze: A Roadmap for New Jersey Estates

Mandelbaum Barrett PC on 3/5/2024

Losing a loved one is an emotional and challenging experience, and dealing with the legalities of their estate can add another layer of complexity. In New Jersey, the probate process is the legal procedure through which a...more

Estates Under $2 Million – Do I Need an Estate Plan?

Bowditch & Dewey on 12/22/2023

With the exciting and long overdue news of the increase in the Massachusetts estate tax exemption from $1 million to $2 million for decedents dying on or after January 1, 2023, many Massachusetts residents have been left...more

Estate Planning for Child-Free Adults

Bowditch & Dewey on 8/18/2023

DURING YOUR LIFE - When preparing your estate plan, it is of utmost importance to ensure that you have documents in place so your spouse or another trusted individual can make medical and financial decisions on your...more

What Happens To A Person’s Assets Upon Their Death

Dunlap Bennett & Ludwig PLLC on 7/12/2023

Dealing with the death of a family member or close friend can be a very difficult and daunting task. Knowing what to expect can make the process seem less overwhelming and less stressful. After handling funeral arrangements,...more

Probate & Fiduciary Litigation Newsletter - May 2023

Goulston & Storrs PC on 5/3/2023

This newsletter is intended to keep readers informed about developments in probate and fiduciary litigation in Massachusetts and New York. ...more

Probate or Non-Probate Asset? – The Ins and Outs of Different Types of Ownership

Burns & Levinson LLP on 3/2/2023

Retitling your assets to conform with your desired plan is essential to successful estate planning. Whether this means changing ownership of an asset altogether, adding a joint owner, or changing a beneficiary designation,...more

Frequently Asked Questions About Estate Planning

Dunlap Bennett & Ludwig PLLC on 2/27/2023

Everyone needs an estate plan. The type of plan you need will depend on your particular situation. Here are some of the most common questions that our clients ask when they start working with us....more

What Is A Living Trust?

Lewitt Hackman on 1/16/2023

A living trust is a way of holding title to your assets so they will not have to go through probate (a Court supervised estate administration) upon your death. The trust states what happens to your assets if you are...more

Wearing the Right Hat

Robins Kaplan LLP on 12/23/2022

As demonstrated in our Gold Medal Bakery case, with corporate fiduciary claims, there can be thought-provoking challenges and issues presented by the question of whether a claim is direct or derivative. Probate and trust...more

Probate & Fiduciary Litigation Newsletter - October 2022

Goulston & Storrs PC on 10/11/2022

Power of Attorney Did Not Provide Authority to Create a Trust on Behalf of the Elder Who Granted the Power of Attorney - Barbetti v. Stempniewicz, 490 Mass. 98 (Sup. Jud. Ct. June 28, 2022) Does a power of attorney...more

Don’t Pay Lawyers Unnecessarily When You Die

Sands Anderson PC on 10/11/2022

It may seem odd to hear a lawyer say this, but much of my work as an estate planner is helping people avoid future entanglements with lawyers. I regularly help my estate planning clients identify places where litigation or...more

Will or Trust: Which is Right for Me?

Ruder Ware on 6/21/2022

One of the most common questions asked by our clients is, “What is the difference between a will and a trust, and which is right for me?” Last week, I provided a brief summary of the differences between these two common...more

Probate & Fiduciary Litigation Newsletter - April 2022

Goulston & Storrs PC on 4/20/2022

This newsletter is intended to keep readers informed about developments in probate and fiduciary litigation in Massachusetts and New York. Our lawyers are at the forefront of this area of the law, shaping how it is handled in...more

Probate & Fiduciary Litigation Newsletter - December 2021

Goulston & Storrs PC on 11/22/2021

Daughter with Power of Attorney Had Burden to Show No Undue Influence over Father - Coscia v. Sweezey, 2021 WL 4765696 (Mass App. Ct. October 13, 2021) - Does holding a power of attorney from a parent in declining...more

50 Results

View per page

Page: of 2

Estate Planning › Asset Management › Probate

"My best business intelligence, in one easy email…"