In chronicling the inventory of a comparatively high-asset life for its eventual transfer to heirs via your projected estate plan, you've perhaps accounted for that coin collection that your youngest child was always fascinated with.
Some Massachusetts estates need to be probated, and others don't.
"[L]engthy, laborious and complex."
Things have gone from steadily bad to persistently worse in the realm of interaction between principal players in estate matters surrounding exalted pop music legend Prince.
What has been written about iconic rock star Jerry Garcia of the Grateful Dead, who died in 1995, literally fills volumes of material. Most descriptors portray the legendary industry figure as a conflict-averse and laid-back person.
In regard to an executor's duties concerning the estate of an individual who has just passed away, let's just say that they potentially run a wide gamut.
A writer at Forbes magazine whose focus in on articles that discuss "the creation and management of exceptional wealth" says that many top wage and income earners across the United States unquestionably do a good job on the creation prong.
Imagine how you would feel after a loving parent has passed away and you suddenly realized that, notwithstanding mom's or dad's incessant infatuation and endorsement of so-called "virtual currencies" during life, there is no evidence to be found of any such property in estate documents or elsewhere?
The death of actor Alan Thicke last year was unfortunately more than just another surprising celebrity passing. It has sparked a family feud of sorts. Thicke’s sons, Brennan and Robin are one side, and his wife, Tanya, is on the other. Both sides are embroiled in a dispute over how Thicke’s estate should be divided.
Although elder law considerations in estate planning are many and varied, a prevailing and widely held view concerning the topic has long stressed that administration in this discrete area centers almost solely on safeguarding elderly loved ones from financial ruin in old age, mostly due to high medical costs.