Most state's laws recognize the validity of Wills from other states. However, because each state has its own set of statutes, it is advisable to...

Asset Distribution

If your assets are owned solely by you and do not have a beneficiary designation, then your assets will pass under the law of intestacy to your...

In order to retitle your husband's assets, you will be required to commence a probate proceeding. The type of proceeding will depend on the value...

My wife and her sister will one day inherit a farm in iowa. What is the best way to avoid taxes on this asset?

You can explore tax planning strategies that may be worthwhile. However, they are complicated and should only be considered with proper...

When does a will have to be probated?

Wills only require probate in cases in which a decedent owns assets in his or her individual name with no beneficiary designation. If you and your...

Will I still be the beneficiary of my ex-husband's will if he does not make a new one?

If your Wills or divorce decree state that your Wills created prior to marriage remain valid after the divorce, then you will remain beneficiaries...

Am I correct in my reading of the Probate/Trustee statutes that there are no annual reporting requirements to beneficiaries?

A personal representative in an estate and a trustee in a trust administration are required to produce periodic accountings to the...

My mom made a will four years ago, do I need to revise,Some details have changed, for example I live in Fla now.

If you are a beneficiary of your mother's Will and your address is listed in it, she should not need to change or amend her Will if you have moved....

Most trusts will state if they can be changed and how you make that change. Generally, writing directly on a trust will not be valid, and in fact,...

References to passing funds to one's children or family should probably be expanded to something like "anyone other than your spouse or charity". ...