Are you expecting an inheritance from a loved one who recently died? If so, you may find yourself somewhat distressed about what the executor is doing with the assets that belong to the estate. One of the primary duties of the executor is to gather all of the assets...
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Month: January 2019
What is a Pour-Over Will?
When person establishing a Trust (soemtimes called a "Settlor") does not take the steps necessary to fund the Trust, in most instances a probate will be necessary in order to allow the transfer or liquidation of those assets. This would apply to most assets which are...
Leaving Out the Best Part: No Residuary Clause in a Will or Trust
The provision in the Will or Trust which designates what happens to the "rest, residue and remainder" of an estate after specific devises are made is sometimes referred to as the "residuary provision" or "residuary clause."Every Will and Trust should include a...
