Glossary of terms

Common Probate and Trust Legal Terms Abatement: When the estate does not have enough remaining property to pay each beneficiary in full, an abatement is the lesser amount heirs may receive. Administrator: Also called an executor, the person in charge of

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What Is Probate and the 10 Things a Personal Representative Must Know

You’ve been named the personal representative overseeing the probate process for a loved one. The tax is not easy and there are numerous steps involved. The probate process can tax a family and create stress for the personal representative, especially

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Probate Selling Real Estate

Inherited Property: How to Sell and Avoid Costly Mistakes  If you’ve inherited property from a loved one who is now deceased and you want to sell that property, you need to make sure you’re handling the sale the right way.

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Inherited Property: What Do You Do Now?

An Inherited House: Gift or Burden? If a loved one has died and you find yourself inheriting their property, you’re likely experiencing a deluge of mixed emotions. In addition to grief, you may experience gratitude or even elation at your

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