Many parents who do not have wealth or assets to spare purchase life insurance policies to prepare for the worst-case scenario where they do not live to raise their children. This proactive step along with a will is a good start, but it does have its downsides due to...
You can never fully prepare for how the people in your life will react to your death. The hope is that everyone will respect your planning and distribute your estate according to your wishes. Even after careful estate planning, it is possible that a will contest may...
Between the death of the decedent and the closing of the estate, its assets and debts are under the management of the personal representative. This could be an individual, a professional or even a financial institution. If beneficiaries feel that the personal...
