Probate is the process of paying a deceased person’s bills and transferring ownership of that deceased person’s property pursuant to the person’s will or Ohio law as overseen by the local probate ...

Assets go through probate court on death due to misconceptions about how the law works and specifically how wills are used. A common misconception about wills is they avoid problems on death because ...

Putting everything you own into a living trust can feel like the safest way to help your kids skip probate, but some assets ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Probate can be an intimidating ...

We constantly hear from advisors that we should plan our affairs in such a way as to avoid probate. What does the phrase mean and what property is subject to the probate process? What planning is ...

Probate is the legal process of administering a Decedent’s Last Will & Testament (“Will”), whereby assets owned by the Decedent at death are distributed pursuant to the terms of their Will, or if ...

Probate is a legal procedure through which a deceased individual's estate is administered and distributed. The probate process commences when the deceased individual's representative, known as the ...

In presentations regarding essential actions individuals should take regarding inheritance, emphasis is usually placed on drafting a will. This leaves unanswered what happens to assets that do not ...

Probate Initiation: An interested party, often a family member or creditor, petitions the probate court to open an intestate estate. Appointment of Administrator: The court appoints an administrator ...

Q: I know that I can transfer up to $25,000 without probate. Does that figure include bank accounts that are payable on death? If so, any solutions other than a trust? A: Indiana, like most states, ...

Estate planning varies by individual. Wills are public, slow, and only control assets in your name, while revocable trusts ...