4 Tips to Help You Avoid a Will or Trust Contest
Protect your legacy with 4 tips to help you avoid a will or trust contest. Thoughtful planning can minimize legal challenges.
What Happens to Debt After Death? A Guide for Families
Explore what happens to debt after death and how it affects the deceased’s estate and surviving family members. Which debts follow the estate around and which do not.
Essential Asset Protection Strategies: 3 Smart Ways to Safeguard Your Wealth
Protect your wealth with essential asset protection strategies. Take these essential tips when you are planning to protect your wealth and your legacy.
What Does an Estate Planning Attorney Do? Do I Need One?
Estate planning plays a crucial role in protecting your assets and ensuring your loved ones are cared for when you’re no longer here. But when it comes to estate planning attorneys and probate attorneys, many people aren’t sure which type of lawyer they need—or if they need both.
Estate Planning Simplified: Wills, Trusts, and Intestacy Explained
Discover the importance of estate planning. Premier Legacy Law of Denver, CO outlines what happens if you pass away with or without a will.
Will My Spouse and Kids Automatically Inherit Everything When I Die?
Premier Legacy Law of Denver CO helps you understand the limitations of intestate laws. Explore scenarios where your spouse and children don’t automatically inherit.
The Hidden Risks of Joint Property Ownership
Premier Legacy Law of Denver CO describes the hidden risks of joint property ownership. Learn more about the unintended pitfalls it presents.
Testamentary Trusts: The Best of Both Worlds
You have several different options when it comes to creating the right estate plan. Some people believe that a revocable living trust is the best way to go, while others think that a last will and testament (commonly known as a will) is best under certain circumstances. Others may find that a combination of both—through the use of a testamentary trust—provides the right amount of control and protection for themselves and their loved ones.
Could a Testamentary Trust Be What Your Loved Ones Need?
There are pros and cons to probate, and after weighing them, some people may prefer to establish a testamentary trust, which is a trust created through a will—even if this means that the person’s money and property must go through probate before the trust is funded and money is given to beneficiaries.
What Happens to My Will When I Die?
The main purpose of the probate process is to distribute the deceased’s money and property in accordance with the Will or state law. Not all Wills, and not all accounts and property, need to go through probate court. And just because a Will is filed with the probate court does not mean a probate needs to be opened. But whether or not probate is necessary, most state laws require that a Will be filed when the creator of the will passes away.