Probate is the process that transfers legal title of property from the estate of the person who has died (the decedent) to his or her proper beneficiaries. The term probate refers to a proving of the existence of a valid... Continue Reading
The relevant question concerning the validity of wills is whether the person was competent at the time the will was made and executed (signed before witnesses). If the person was competent at that time, there is a valid will.... Continue Reading
Missing wills raise all sorts of interesting legal issues which often turn on the specific facts and circumstances, and the law of the state in which the deceased resided. The will may be missing because the deceased... Continue Reading
Forfeiture of parent’s share under dependent child statute denied where the alleged failure to support occurred during the decedent’s adulthood, and where the decedent’s physical disability set in during his adulthood as... Continue Reading
The $11.58 million per person federal estate tax exemption is scheduled to sunset to the pre-2018 exemption of $5 million in 2025. My reasoning for starting this newsletter with this statement is every tax practitioner knows... Continue Reading