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Estate Planning Simplified
Book With CD-ROM
All States
By Attorney Daniel Sitarz, Nova Publishing, Business & Consumer
Legal Books & Software
List Price: $34.95
Our Price: $25.95
Did You Know?
A LAST WILL & TESTAMENT
is a written document which leaves the estate of the person
who signed the will to named persons or entities (beneficiaries,
legatees, devisees) including portions or percentages of the
estate, specific gifts, creation of trusts for management and
future distribution of all or a portion of the estate (a testamentary
trust), see
last will & testament.
Did You Know?
A CODICIL is a written
amendment to a person's will, which must be dated, signed and
witnessed just as a will would be, and must make some reference
to the will it amends, see
codicil.
Did You Know?
A LIVING WILL is a
document authorized By statutes in all states in which a person
appoints someone as his/her proxy or representative to make
decisions on maintaining extraordinary life-support if the person
becomes too ill, is in a coma or is certain to die, see
living will.
Did You Know?
A LIVING TRUST is sometimes
called an inter vivo (Latin for "within one's life")
trust, a trust created by a declaration of trust executed by
the trustor or trustors (also called settlor or settlors) during
his/her/their lifetime, as distinguished from a "testamentary
trust," which is created by a will and only comes into
force upon the death of the person who wrote the will, see
living trust.
Did You Know?
PROBATE is the process
of proving a will is valid and thereafter administering the
estate of a dead person according to the terms of the will,
see
probate!
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Probate
In this Section:
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Bestsellers
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Probate Forms, Books, Kits, & Software
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Probate Paralegal Services - Washington
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Probate Attorney Services - Washington
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PROBATE LINKS:
ADMINISTRATOR/ADMINISTRATRIX:
One who is appointed to administer the estate
of a deceased person who has died without a will or who has
died with a will but has not named an executor. The distinction
between the two titles (male and female) has largely been removed
and administrator is proper usage for either male or female.
EXECUTOR/EXECUTRIX:
The person appointed in a will to carry out
the testator’s wishes and to administer the property.
INTESTATE SHARE
(SUCCESSION):
A share of the assets a person owned at death.
If there is no Will, the law says who will get the assets or
a part of them.
PROBATE:
1) The process of proving a will is valid
and thereafter administering the estate of a dead person according
to the terms of the will. The first step is to file the purported
will with the clerk of the appropriate court in the county where
the deceased person lived, along with a petition to have the
court approve the will and appoint the executor named in the
will (or if none is available, an administrator) with a declaration
of a person who had signed the will as a witness. If the court
determines the will is valid, the court then "admits"
the will to probate. 2) A general term for the entire process
of administration of estates of dead persons, including those
without wills, with court supervision. The means of "avoiding"
probate exist, including creating trusts in which all possessions
are handled by a trustee, making lifetime gifts or putting all
substantial property in joint tenancy with an automatic right
of survivorship in the joint owner. Even if there is a will,
probate may not be necessary if the estate is small with no
real estate title to be transferred or all of the estate is
either jointly owned or community property. Reasons for avoiding
probate are the fees set by statute and/or the court (depending
on state laws) for attorneys, executors and administrators,
the need to publish notices, court hearings, paperwork, the
public nature of the proceedings and delays while waiting for
creditors to file claims even when the deceased owed no one.
3) To prove a will in court and proceed with administration
of a deceased's estate under court supervision. 4) Reference
to the appropriate court for handling estate matters, as in "probate
court."
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Complete Estate Planning Kits
All States
By InfoAmerica
List Price: $34.95
Our Price: $22.95
Did You Know?
Do It Yourself Documents offers
specials and discounts that change weekly!
Did You Know?
Do It Yourself Documents carries state-specific items for
all 50 states and DC.
Did You Know?
Sixty percent of bankruptcies and seventy-five
percent of divorces in California are done
without lawyers!
Did You Know?
A POWER OF ATTORNEY
is a written document signed By a person giving another person
the power to act in conducting the signer's business, including
signing papers, checks, title documents, contracts, handling
bank accounts and other activities in the name of the person
granting the power, see
power of attorney!
Did You Know?
A POWER OF ATTORNEY FOR HEALTHCARE
is a written document stating that one person gives to another
the full power and authority to make healthcare decisions for
that one person when he or she is unable to,
power of attorney for healthcare.
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