• Does my Will Avoid Probate? | Omaha NE | LeRoy Peterson Law
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    Does my Will Avoid Probate? | Omaha NE | LeRoy Peterson Law

    Does my will avoid probate? Well, no, an individual’s will does not avoid probate. That’s actually the cornerstone or the centerpiece of probate is the will. If someone’s looking to avoid probate or having their family avoid the probate process, really what we need to do is we need to identify the types of assets that they own, and make sure that we handle all of those assets. So you may have an asset, if the asset is owned in individual’s name without a beneficiary designation or without a payable on death designation, then that’s an asset that we need to pay close attention to. An example of that may…

  • What Makes a Trust Irrevocable?
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    What Makes a Trust Irrevocable?

    Isn’t irrevocable trust? That’s a question. I’m gonna answer for you today on Ohio Estate and Probate Q. And A This is a show where I answer questions that you have involving the estate planning and probate process here in Ohio. If you have questions about estate planning and probate, you can go to Dever Law dot com slash meeting and schedule a time to talk. That’s Dever Law dot com slash meeting and schedule a time to talk over the phone or in person to discuss your estate planning and probate needs now irrevocable trust or if you wanna be sneaky. And irrevocable trust is a tru st that…

  • Transferring Real Property to Fund a Revocable Living Trust will help avoid Probate
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    Transferring Real Property to Fund a Revocable Living Trust will help avoid Probate

    – Hello everybody, and welcome to our channel, where we discuss estate planning, and probate topics. Today we’re going to talk about transferring real property, real estate into your revocable living trust. You know, our video with the highest amount of viewers is “How to Transfer Assets Into Your Trust.” So today we’re going to start a little mini series on “How to Transfer Specific Types “of Assets Into Your Trust.” So I’m interested to know, if you have a revocable living trust is your home titled in the name of the trust, please comment below and let’s see what we get. One of the biggest mistakes folk, folks make…

  • How Receivership can Protect Values in Matters of Trust & Probate – Fiduciary Broker Vlog #6
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    How Receivership can Protect Values in Matters of Trust & Probate – Fiduciary Broker Vlog #6

    Hi, I’m Dan Collins – a California licensed real estate broker with expertise in real property matters in Probates and Trusts. I am also a California licensed general contractor and receivership expert. To learn more about receiverships protecting values, please visit my website: probate-realtor.biz I want to tell you about how receivers can be useful in difficult trust or probate cases. Family relationships can sometimes create toxic environments, especially amongst siblings who are beneficiaries to a Trust or Probate. Let’s be truthful here; being asked to act as a Trustee or to administrator probate is a thankless duty that comes with real exposure to risk and liabilities. In a family…

  • Facts About Your Will  | Vancouver Wa | Phelan Webber Pettis P.S. (360) 696-2069
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    Facts About Your Will | Vancouver Wa | Phelan Webber Pettis P.S. (360) 696-2069

    I have a will, so that’s all I need, right? No. A will is a great tool for setting forth your wishes. You get to name who you want to be in charge of your estate. That person is called a personal representative. In addition, you get to specify who will receive your estate when you pass. But a will does not provide for a lifetime decision-maker, a will may not address non-probate assets like IRA, or life insurance policies that have death beneficiary designations. If you own those types of assets, it would be important to coordinate them with your will.

  • Asset Protection | Vancouver WA | Phelan Webber Pettis P.S. (360) 696-2069.
    Articles,  Blog

    Asset Protection | Vancouver WA | Phelan Webber Pettis P.S. (360) 696-2069.

    Shouldn’t I just put my house and bank accounts in my children’s names? Oh, my! We often hear bankers recommending this, and that may be helpful in terms of paying your bills, but generally it won’t give you the other assistance you may need. For example, a joint owner of a bank account can’t contact an insurance company, cannot access your IRA, cannot make your healthcare decisions, and the list goes on and on. In addition, adding a child’s name to a bank account or a house can put your assets at risk to your child’s creditors. Or even worse, what if your child has a disability, and is in…

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    Do Bank Accounts go through Probate in California?

    Hi, this is Liran Aliav and I’m going to be talking to you today about whether or not bank accounts have to go through probate. This is one of these questions that a lawyer has to say, it depends. Because there is no other way to answer this. Basically, probate is for all assets that are not inside of a living trust, or there’s actually four. So there’s jointly held, there’s a living trust, there’s life insurance beneficiaries or retirement assets. Those are all going to avoid probate but if it’s a regular bank account, the only way it would avoid probate, well the only two ways, is if there’s…

  • Probate Avoidance & Split Wills
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    Probate Avoidance & Split Wills

    if you die in Ontario you may require probate for your estate which is a process of applying to the court to have your executor appointed certified as the executor of your true last will so that the executor can then go to wherever your assets are and access them and distribute them to your heirs and in that event you must state the value of your estate and pay probate tax or estate administration tax which is 1.5 percent of your estate so on a million dollars it would be fifteen thousand dollars now this is you know not the moon and the stars but if you can avoid…

  • Probate And Trust Help – How Kim Ward Can Help
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    Probate And Trust Help – How Kim Ward Can Help

    Chances are the reason that you are here is because you’ve taken on responsibility of getting a property sold plus managing all the details and circumstances that come with being the representative for a family member or friend’s estate. Unlike typical real estate transactions where the selling or purchasing of a home is about making a dream come true you, your circumstances may feel more overwhelming you may not even live in the same city as the estate property. Trust me, I understand! I’m Kim Ward broker-owner of Horizon Real Esate. I specialize in helping people in your exact circumstances – dealing with a house in probate or trust. I…