The heirs to inherited property may not agree among themselves how to deal with the property. A partition action is a lawsuit to divide and/or sell a jointly owned property. Property that must go through probate processes is part of an inheritance within an estate when it passes on to the heirs. Sometimes, a different… Continue reading Partition Of An Inherited Home After Probate
If you simply take pen and paper and write down your wishes for who you want to inherit your property, have you created a legally binding will? Maybe. It depends on which state you live in. It’s always best, whether you go to a lawyer or prepare your own will with the help of a… Continue reading Is A Holographic, Or Handwritten, Will Valid In Utah?
There are several situations where revoking a will may be feasible. For instance, life changes – such as marriage, divorce, and a new baby – may change how you wish to dispose of your property upon death. While the reasons for changing a will may vary, it is important to know how to reflect your… Continue reading How To Tell If A Will Was Revoked Or Replaced?
There is no inheritance, but there is debt. One girl in Utah got into such an absurd situation. She learned of her uncle’s death. There were no other heirs. She wrote an application for acceptance of the inheritance from a notary. Only later it turned out that the testator did not have property, but his… Continue reading How To Find Out About Debts Of A Testator In Utah And Not Fall Into A Debt Trap
Probate is a legal process that takes place after someone dies. It includes: proving in court that a deceased person’s will is valid (usually a routine matter) identifying and inventorying the deceased person’s property having the property appraised paying debts and taxes, and distributing the remaining property as the will (or state law, if there’s… Continue reading How Long Does It Take To Probate A Will In Utah?
If you die without making a will, a court will distribute your property according to the laws of your state. This process is called “intestate succession” or “intestacy.” Who gets what depends on who your closest relatives are. The most likely recipients are your spouse, your children, your parents, or your siblings. Intestate succession probably… Continue reading How Can You Inherit The Property Of A Stranger Without A Will In Utah
You can designate a guardian for your children as part of your will. It’s best to list a single guardian and an alternate guardian in the event that the first guardian is unable or unwilling to serve. Some parents choose to appoint a married couple as guardians for their children. Although you have the right… Continue reading Guardianship In A Will For Children
After a loved one dies, your first thoughts are probably not about his or her estate plan. But it is important to take certain steps soon after the death in order to protect the estate. These steps include making funeral and burial arrangements, locating the will, and maintaining the estate’s value. What Should You… Continue reading First Steps In Handling The Estate Of A Loved One
Estate planning is important, but there are many misconceptions about how wills and other estate planning documents work. Don’t let unfamiliarity stop you from properly planning your estate. Most people understand the necessity of having a last will. Even if you’re young and just starting out, you have some assets, so it’s important to have… Continue reading FAQs On Wills And Succession Law In Utah
While working on your will, you probably spent time considering who was best suited to settle your estate. You asked the close friend or family member if he or she would act as an executor of your estate. But did you discuss executor fees? Because most wills are silent on the issue of executor fees,… Continue reading Executor Fees: What Is The Default In Utah?
