Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves...
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Were You Disinherited From An Estate? Are You Receiving A Different Amount In An Inheritance Than What You Expected? Read This For Your Options.
Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves...
How to Avoid Probate Using Trusts And Other Creative Means
Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves...
What You Need To Do When A Decedent Has Outstanding Tax Returns Or Outstanding Tax Liabilities?
A taxpayer who dies with unfiled income tax returns and/or outstanding tax liabilities to the IRS or any State tax agency complicates the administration of the decedent’s estate or trust. That is because the estate or trust will now be accountable to creditors,...
Unless Congress Acts To Legalize Cannabis, Here’s Why You Cannot Count On The Recent Proposed Rule To Reschedule Cannabis To A Class 3 Substance.
Unless Congress Acts To Legalize Cannabis, Here’s Why You Cannot Count On The Recent Proposed Rule To Reschedule Cannabis To A Class 3 Substance. The prime benefits of classifying cannabis as a Class 3 substance is that the Federal government would recognize medical...
How A Creditor Can Collect From A Decedent’s Estate?
A person who dies owing monies to his or her creditors complicates the administration of the decedent’s estate or trust. That is because the estate or trust will now be accountable to creditors given that the decedent’s rights, liabilities, assets and interests...
Did A California Decedent Fail To Title An Asset Into A Trust And You Are Looking To Avoid Probate? Consider utilizing a Heggstad Petition.
In the realm of estate management and planning, a Heggstad petition plays a crucial role when a California decedent has neglected to formally transfer their property into their trust prior to passing. This mechanism is particularly significant as it provides a...
What is Probate?
Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves...
IRS Says To Cannabis Businesses – Not So Fast! Cannabis remains a Schedule I controlled substance; Internal Revenue Code Section 280E still applies
The Associated Press reported on April 30, 2024 that the Drug Enforcement Administration (“DEA”) will propose a rule to reschedule cannabis to Schedule III under the Controlled Substance Act. The proposed rule has since been reviewed by the Department Of Justice and...
How An Heir Or Beneficiary Can Contest A Will In Probate Court
How An Heir Or Beneficiary Can Contest A Will In Probate Court Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will...