One of the most critical decisions when drafting a will and estate plan is picking the estate administrator, also known as the executor or executrix. This role oversees the probate process and administers the decedent's estate, ensuring their wishes are carried out...
Estate Planning
What if the will’s executor doesn’t pay beneficiaries?
The term “probate” refers to the legal process of ensuring that a will is legally valid, but it is generally used for distributing the estate’s assets after death. An executor (either named in the will or appointed by the courts) oversees the process. There is a lot...
Anne Heche’s son files for control of estate
Actor Anne Heche’s death in a fiery car crash was ruled an accident in August. Now her 20-year-old son Homer Laffoon has filed a petition in the Superior Court of Los Angeles for control of the estate since his mother did not leave a will. That petition lists himself...
What’s needed to contest a will
Even if you think you have a good reason, it is more challenging than many people believe to contest a will. Generally speaking, there are a series of hoops you need to pass through to raise valid concerns that can be heard in a court of law. Legal standing Those who...
There are many reasons for probate disputes
The loss of a parent, grandparent or loved one can devastate beneficiaries and those they leave behind. It can also change the dynamic between the survivors as they deal with their loss – what was once harmonious can become contentious. Moreover, even the most...
Covering the Estate Planning Basics
A basic estate plan for everyone should consist of the following four documents. Please contact Pearson & Paris for a free consultation.
WILL: A will, sometimes called a last will and testament, is how an individual directs how property should be distributed upon their death, including payment of debts and other final details. Included in the will is appointment of a personal representative (executor) who, working with a law firm, handles the details regarding the terms of the will. A will can also create a trust for minors and others to protect property in the long term.
