Probate is the formal administration of an estate through a Court process. Here is what you need to know about it.
Many people have an aversion to estate planning due to their own mortality.
Get over it! We all die, that is a certainty. Planning your estate to minimize tax, and gifting assets to your beneficiaries in a responsible way, are not tasks you should avoid. I can assure you that starting your plan now will not hasten your death.
“I am really in a bind… my father is very ill and we don’t have a Will or a Power of Attorney. The Doctors say he might not make it through the rest of the week. Can you help?”
Sadly, I get this question far, far too often. In fact, it is probably the most common plea for emergency assistance that I receive. And it doesn’t have to happen – ever.