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23 Dec 2006, 7:05 am
Blackstone, 2006 WL 3361431 (Ga.App.) the court considered whether a father had forfeited his right to recover as an heir from his son's estate upon allegations of cruel treatment and lack of support during his son's lifetime.... [read post]
24 May 2023, 7:14 am
Suppose you designate one child as the beneficiary of a life insurance policy, intending to give the other child a similar amount from your estate. [read post]
31 Oct 2022, 6:01 am
Unfortunately, without a marriage or civil union to bind a couple together under the law, most of the assets or debts the couple or individual had before getting married will not be seen as part of the marital estate. [read post]
25 Jun 2013, 2:06 pm
Under principles of guardianship, a court may order someone other than the child's parent to (1) have custody of the child; (2) oversee and manage the child's property (also known as the "estate"); or (3) do both. [read post]
17 Jun 2011, 5:02 am
But if the child dies before mom and dad, the property goes through probate when both mom and dad die if the trust doesn’t say who else besides child gets the property. [read post]
14 Oct 2008, 5:15 am
If you're going to say, and a classic scenario that the child has been written out of the Will and gets nothing, well it's not always a full stop there. [read post]
5 Mar 2012, 5:18 am
However, if the money passes to a child or a parent, then there will be a 4.5% tax on such inheritance. [read post]
12 Feb 2024, 3:30 am
Likewise, skyrocketing rates of divorce and remarriage mean that one child in six now lives in a “blended” family. [read post]
16 Jul 2012, 8:22 am
Any funds left for a disabled child, whether from an estate or the proceeds of a life insurance policy, should be held in trust for the child's benefit. [read post]
25 Jul 2010, 1:28 pm
Avoiding an estate plan that's bound to fail A good estate planning lawyer won’t just blindly set up a plan that’s bound to fail. [read post]
26 Nov 2014, 8:30 am
On the other hand, an estate planning attorney may counsel you to consider what is called “a transfer on death deed”—this passes real estate to one child when the last surviving parent dies. [read post]
27 Apr 2009, 7:04 am
Most updates are centered around significant life events like a wedding, divorce, new child, death in the family, or even moving to a new state. [read post]
16 Sep 2008, 12:40 pm
If you have a spouse and at least one child or grandchild, your spouse shares equally with the children but will receive a minimum of one-third of your estate. [read post]
1 Dec 2013, 10:00 pm
If you die and leave your child without a surviving parent, the court will usually approve the guardian nomination you make through your last will and testament. [read post]
24 Jan 2012, 11:09 am
Again, this limited the people who can contest a will through the excessive bequest to charity to a surviving parent, husband or wife, child or descendant. [read post]
5 Dec 2011, 8:04 am
Also, without proper evaluation there may be large discrepancies in the asset allocation to heirs--with one child getting much more than another accidentally. [read post]
20 Aug 2011, 8:20 am
For instance, resources include bank accounts, cash, life insurance, real estate, stocks, U.S. savings bonds, vehicles and other property belonging to a child’s parents or guardians that could be exchanged for cash and used for food or shelter. [read post]
4 Mar 2020, 8:16 pm
Texas Estates Code §101.001(b). [read post]
8 Oct 2018, 6:55 pm
This means that is your responsibility to diligently search for any "readily ascertainable" creditors.Other duties/ Executor to DoBring Will to SurrogateApply to Federal Tax ID #Set up Estate Account at bank (pay all bills from estate account)Pay BillsNotice of Probate to Beneficiaries (Attorney can handle)If charity, notice to Atty General (Attorney can handle)File notice of Probate with Surrogate (Attorney can handle)File first Federal and State Income Tax Return [CPA-… [read post]
22 Dec 2010, 3:13 pm
(b) the omitted after-born or after-adopted child is entitled to receive the share of the testator’s estate, as limited in subparagraph (a), that the child would have received had the testator included all omitted after-born and after-adopted children with the children to whom devises were made under the will and had given an equal share of the estate to each child. [read post]
