Does this sound similar to nightmare. Ought to and really happened to one of my law clients recently. Their liquid assets were held in an account that is in the name of the husband . He did all the financial appeal to the family and after all, he was just 54. He'd plenty of years to get his financial affairs in order. The spouse was lucky because she could borrow money from her children fork out the bills until the probate was commenced on the other hand still took over five weeks to apply for an initial court date.
A valid reason to build a living trust for you to keep your estate plan private. Unlike a Will and probate, the living trust is a non-public contract between you (the Settlor) and also the Trustee. It is doing not need to be filed with the county.
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Published on 2025/02/07
Published by VonLefroy42
Viewed by 8 people
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