	How to Prepare for the Death of a Loved One
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The Probate Process

The Probate Process
The process begins when the person named in a Will as personal representative (sometimes called an "executor") files papers in the local probate court. This person must prove that the Will is valid. In some states a valid Will requires two witnesses to testify that the person who created the Will was of sound mind and knew what he or she was doing. These witnesses must sign the Will in the presence of each other at the time the Will is created. The personal representative usually provides the court with proof of these requirements in an affidavit signed by at least one of the witnesses. Continued



Tags: 6 Steps to Creating a Will Avoiding Probate with a POD Account Being a Power of Attorney is Not Easy Benefits of Pre-Planned Funeral Can You Inherit Credit Card Debt? Checklist: What To Do When Someone Dies Common Types Of Trusts Depression Rates For Caregivers Difference between Medicare and Medicaid Does An Executor Get Paid Don't Die without a Will Durable Power of Attorney for Health Care Estate Planning for Beginners Financial Toll of Being a Caregiver General Power of Attorney Form How Many People Die Without a Will? How Often Should You Update Your Will How to Prepare for the Death of a Loved One If You Not Going to Help - Keep Quite! Last Will and Testament Form Make Your First Will Must Read for Siblings of Caregivers Sample Last Will and Testament Form The Probate Process Things Your Executor Will Need to Know What Are Video Wills What Does an Executor Do? What is a Holographic Will? When is Probate Necessary? Worst Excuses For Not Having A Will Don't Die without a Will - It Can Cost You Big Time With all the free and inexpensive resources available to create a Will why do so many refuse to do so? It may be one of the best gifts you can give to yourself and loved ones. They can ensure that all your bases are covered and that your Will and Estate plans are properly completed. The Top 10 Medicaid Myths Here is a list of important facts about the Medicaid process. Depression Rates Higher For Caregivers A conservative estimate reports that 20% of family caregivers suffer from depression, twice the rate of the general population. How to Avoid Probate Probate is the court-supervised process of winding up a decedent’s personal and financial affairs. During probate, a Personal Representative is appointed and charged with collecting the decedent’s assets, paying their bills, and distributing their property to the proper heirs. Having your loved one’s property tied up in probate can be stressful, expensive, and often unnecessary, if you know how to avoid it. ">Continued Does An Executor Get Paid Usually yes. Someone who serves as Executor or Personal Representative of an estate is entitled to get paid for the job. An Executor is an individual or institution nominated in a will and appointed by a court to settle the estate of a deceased. ">Continued Being a Power of Attorney is Not Easy We all want the best for our loved ones as they age and often times they may need to appoint a Power of Attorney to help handle their affairs. Be aware before you say yes to being a POA. It may be one of the most thankless jobs you will ever perform. It is hard work and time consuming. You will become the whipping boy for the rest of the family who overlooks the fact that you are rarely compensated for all the hours you put in. ">Continued It’s Never Too Early to Make Your First Will Everyone needs a Will—whether you’re a young couple just starting out, an established family with valuable assets to protect, or an entrepreneurial business owner with succession on your mind. Whatever stage of life you may be in, it is never not too early to make your first Will. 6 Steps To Creating Your Will Creating and updating a Will is not as intimidating as many people think. Read the following article for an easy-to-follow guide to creating a Will. ">Continued

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