Who Owns the Property in a Revocable Trust?
When you're planning for the future, a revocable trust might be one of the tools in your estate planning toolbox. You've probably heard it's a great way to protect your assets and ensure they're distributed according to your wishes after you pass away. But, who really owns the property in a trust? You'd be surprised to know that in a…
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Understanding Siblings’ Rights After the Death of Parents
Losing a parent is an emotionally challenging experience, and amidst grief and mourning, practical matters need to be addressed. One such important aspect is understanding siblings' rights after their parents' death. It's a topic that often raises questions, concerns, and potential conflicts among family members. Today, we'll explain the legal framework surrounding siblings' rights and explore the various factors that…
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Estate Administration: Paying Real Estate Expenses After Death
When someone you love passes away—whether suddenly or expected—it's an emotional time for family members and those closest to them. As the person responsible for handling their affairs, you must also bear the weight of handling financial and legal matters related to their property. At Cary Estate Planning, we understand this is a trying time, and we want to make…
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Inventory of a Decedent’s Estate: What Happens After It’s Filed?
The death of a loved one is never easy, and the following probate process can be an overwhelming experience for many. After all, it’s not every day you have to inventory someone’s estate—from their property to their financial assets. It requires thorough attention to detail and knowledge of state laws to ensure everything is properly accounted for. But what happens…
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Inventory of a Decedent’s Estate: What Do We Need?
As difficult as it may be to think about, there may come a time when you have to deal with the estate of a loved one who has passed away. When this happens, you will have to take inventory of their belongings to ensure all assets are accounted for and distributed properly. But where do you even start? This article…
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