“Tied up in probate.”
Even if you’ve never dealt with the court system, you’ve probably heard someone use that phrase, either in real life or in a movie or on TV.
But what does that phrase mean? To answer that, let’s look at what probate itself is all about.
Continue Reading What is Probate?
In the early 1850s, Charles Dickens published his popular serialized novel Bleak House, which deals with the British court system.
At the center of the book is a court case called Jarndyce v. Jarndyce, a battle over an inheritance that drags on over several generations.
Dickens used the plot to satirize the court system of his time, but 160 years later and one ocean away, there’s something about the story that rings true: not making your wishes clear can make things difficult for your heirs.
That’s where the PA probate system comes in. Probate – from the Latin for “prove the will” is the process of ensuring your assets are passed on according to the terms of your will. It can be a very simple process, or more complicated, depending on the circumstances.
Continue Reading Understanding Probate of an Estate in Pennsylvania
Estate planning is the process of getting your personal and financial affairs in order in the event you become mentally incapacitated or die. The basic legal document when you plan for your death is called a Last Will and Testament, which contains a written set of instructions to your family and loved ones as to how you want your estate to be distributed after your death.
What is a Last Will and Testament and how does it work?
Continue Reading What Is Estate Planning and Why Do I Need It?