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disputes between children from prior marriages and the surviving spouse are a big source of trouble in probate He may also file a court action to try to get an inheritance. : Forbes (June 16, 2016) “Battles Coming For Muhammad Ali Estate, But It Should Emerge Victorious” #Probate

Here are some more lessons we can learn from celebrity probate mistakes and mishaps: Prince The probate Before the court could divide his estate, there was a fight about who his legal heirs were. Creating an estate plan can protect your legacy and avoid unnecessary legal and probate costs. Legacy Legal Care offers comprehensive estate planning services that can ensure you avoid a costly probate

your belongings, but most property goes to a new owner by title, beneficiary naming or a judge in the probate What to know about estate planning” #Will #Probate #LivingWill #Beneficiaries #AdvanceHealthCareDirective

Due to this mistake, his beneficiaries have had to go to probate court multiple times. Appearing in probate court is more expensive, more time consuming, and increases the likelihood of familial It took over four long years to close her probate estate without the will, which was much more costly

The courts often authenticate the testator’s handwriting by comparing it with other samples. First, the courts admit the will to probate. Then, any property in the probate court “pours over” into the trust. court and poured back into the trust. Contact us at Your Legacy Legal Care™ in Texas anytime to evaluate changes and ensure the courts properly

Trusts provide you control over your assets while avoiding potentially lengthy and costly probate court The court-supervised probate process can sometimes take over a year in Texas. This saves significant time, legal fees, and court costs associated with probate. 6 months and has court filing requirements. Avoid Family Disputes and Will Contests Heirs sometimes challenge wills in Texas probate court, especially

Supreme Court, a close friend of Lincoln. L.L.C., which owns the rights to the Hendrix estate and is controlled by Janie Hendrix, settled out of court 27, 2006) “What Prince and Abraham Lincoln Have in Common” #AssetProtection #EstatePlanningLawyer #Probate

This is because life insurance and retirement accounts are distributed outside of probate court and your

ordered genetic testing for six purported family members, reported The Minneapolis Star-Tribune in “Court However, the judge’s order noted that the court was “not aware of any objection or dispute” that all court. Nelson, who’s listed in court records as Prince’s father. Reference: Minneapolis Star-Tribune (July 29, 2016) “Court order sharply narrows Prince’s potential heirs

Living Trusts Pros Ensures privacy, keeps your affairs out of the public record and helps you avoid probate If you own property in another state, a living trust may keep you out of that state’s probate court. Cons After probate, your will becomes a matter of public record. Probate can be take years to resolve and can be expensive. that could impact whether you have solid plan or simply a stack of paper that will not stand up in court

Probate typically occurs when there are real properties or financial accounts involved. decedent died without a will and the affidavit of heirship is filed with the county clerk, not the court After a hearing in court (without administration) the court will declare the identity of the heirs of If not, the court will appoint an Independent Administration of the Estate. #nowill #Probate #Will #withoutwill

Financial Decisions You’ll Regret Forever” #AssetProtection #SocialSecurity #PlanningforRetirement #Probate