Monthly Archives: August 2024
Reverse Mortgages In Probate Court: What Will Happen?
There are mixed opinions on reverse mortgages, with some people seeing them as a valuable lifeline for seniors, and others seeing them as an industry fraught with misrepresentation that prays on in-need senior citizens. Whichever it is, many people have reverse mortgages, and that means that many people stand to inherit property with reverse… Read More »
3 Things A Small Business Owner Needs In An Estate Plan
Estate planning is crucial for anyone. But if you have a business, estate planning is even more important. Think of your business as sustained support for your loved ones; its ability to continue when you are gone is part of the financial support you are leaving to your loved ones. And yet, a lot… Read More »
Modifying Irrevocable Trusts
There are a lot of great things about irrevocable trusts. Irrevocable trusts have the benefit of creditor protection; no creditor can ever reach whatever property is put into an irrevocable trust. There are a lot of ways to save on taxes that are only available by putting property into an irrevocable trust. But the… Read More »
What Happens To Child Support When A Paying Spouse Dies?
You may already know that should your estate have to go through the court probate process, that the Probate court will handle matters related to your estate. One of those things are creditors. People and creditors who feel that the deceased owed them money, can make claims on the state, to get some of… Read More »