"Three Categories of Assets at Death" by Attorney Colleen Sinclair Prosser There are many ways to hold title to assets during your life. Upon your death, the title to each asset must be reviewed and transferred according to how it was titled. In order to determine how to transfer the assets of a decedent, we must place the assets in three different categories. The first category is Probate … [Read more...] about Three Categories of Assets at Death
"What are the Duties of the Personal Representative of an Estate?" by Attorney Brooke J. Shemer … [Read more...] about What are the Duties of the Personal Representative of an Estate?
The estate planning seminars establishes the necessary components of an effective estate plan. The seminar is presented in a case study format profiling the life of Bill and Mary Jones. Several scenarios are used to relay the impact of estate planning issues relating to probate, disability due to incompetence, protection of government benefits for special needs loved ones, second marriages, … [Read more...] about Free Estate Planning Seminars Next Week! Register now!
Robin Williams' untimely death came as a shock to the world this past August. As devastating as an unexpected, sudden death can be for the family, the need to settle the estate only adds to the stress of an already overwhelming situation. However, having an estate plan in place reduces the uncertainty and unknowns for the grieving family members, since the deceased person has already documented … [Read more...] about Robin Williams’ Estate Plan
When you create an estate plan, you choose people to make decisions for you, such as agents, guardians, executors, or trustees. Often, people do not give much thought to those decisions, just naming their oldest child or whoever pops into their mind. The choices for these roles are perhaps the most important decisions to make. Good choices can help to ensure your wishes are carried out while bad … [Read more...] about Trustee, Executor, Power of Attorney: Who You Choose Can Make a Difference
Many people ask what is involved when there is a probate estate. Probate is the process of gathering and distributing a person's assets after death. If the individual died with a will, the will must be filed with the Register of Wills. Property owned by the decedent must be inventoried and appraised. Only assets owned solely in the decedent's name, as well as property owned jointly as tenants … [Read more...] about “What is Probate?” by Attorney Brooke Shemer
"What is Probate" by Attorney Brooke J. Shemer … [Read more...] about “What is Probate?” (Audio)
Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m. for YOUR ESTATE MATTERS! The attorneys of Sinclair Prosser Gasior relate cutting edge estate planning information to keep you up to date. The topic tomorrow is "What is Probate?" by Attorney Brooke J. Shemer. … [Read more...] about Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio
Many people think that if you die without a Will then all of your assets will go to the State of Maryland, but that rarely happens. When someone dies without a will, also known as dying intestate, there are many possibilities that arise. The first thing to determine is whether or not the assets are subject to probate. The assets that pass through probate are assets that are solely in the … [Read more...] about What Happens If You Die Without A Will by Attorney Colleen Sinclair Prosser