Here at DAL Law Firm, when we prepare your estate plan, we don’t just prepare your estate planning documents. We prepare an estate planning binder for you with a lot of helpful information for you and your loved ones. It includes not only your estate planning...
Estate Planning and Probate
Wills vs. Revocable Living Trusts
A last will and testament and revocable living trust both provide a set of instructions for how your assets will be distributed after you pass away. Both legal documents have similarities and differences that should be considered before deciding which document to use....
The Importance Of A Power of Attorney
Having a power of attorney is very useful and an essential low-cost estate planning tool that people can use to manage their finances or health care. The power is granted through a carefully worded legal document so that the individual appointed as power of attorney...
Estate Planning 101
Creating an estate plan can ensure you are able to provide a detailed arrangement of your affairs in the event that you become incapacitated. People often think they don’t need an estate plan, however, if you die without a will, a probate court decides what happens to...
Alternatives To Probate
Probate can be overwhelming to understand if you are not familiar with it already. It is a legal process where the court appoints a person to distribute assets from the deceased person to their beneficiaries. Furthermore, the personal representative or...
What Documents Are Required In A Probate?
If you have decided to proceed with probate, there are some documents you will need depending on your situation. Documents need to be filled out properly and most forms include a PDF version for easy completion and a Word version for editing purposes. The...
How To Close A Probate
Once all the decedent’s property has been liquidated, creditors have all been taken care of, and tax issues have been cleared, this would typically be the perfect time to close the probate. Probate can remain open depending on specific circumstances in each case. An...
What Happens If You Die Without A Will?
Creating a will should be considered a priority, however most people understandably do not want to think about, or plan for, their own death. If you want to determine what will happen to your assets when you pass, it’s important to take the time to make a will. If you...
Assets That Are Not Included In Probate
Many people don’t understand which of their assets go through the probate process. It’s important to fully understand how your assets are transferred so that you’re able to make things happen the way you want them to happen. Below is a list of property and assets that...
Selling Real Estate In A Probate
After a death in the family, thinking about selling the family home can be difficult. Family members often find it challenging to grieve when they know that they will need to go through the probate process. If you inherit property and aren’t going to live in it...