When I was eight years old, my father's business partner abandoned their office after getting into debt way over his head.My father, an honest man who worked two jobs to make his small... more
When I was eight years old, my father's business partner abandoned their office after getting into debt way over his head.My father, an honest man who worked two jobs to make his small business successful, was suddenly left facing mounting bills and an uncertain future.I was too young to understand most of what was going on, but I remember the word "bankruptcy."My eight-year-old's mind didn't k... view profile
Probate is the legal process used to carry out a person's will after their death; a probate attorney advises you on how to perform the steps in the process. In general, once you have identified and collected the dead person's belongings, including their money, property, and other assets, you pay the person's debts and taxes. Once all debts have been paid, you distribute their money and property according to the language of the will. If there is no will, the laws of the state where the dead person lived control how the property is distributed. A probate attorney helps you plan what happens to your property when you die, as they can probate wills and act as your probate court estate representative. A probate attorney also represents family members and beneficiaries wishing to challenge wills.