When my insurance company invited me to blog about my experiences with gender bias in my profession, I paused but decided this important topic deserves my attention
- Adoption (Grandparent, Step Parent, Domestic and International)
- Alimony or Spousal Support
- Child Support
- Divorce or Dissolution of Marriage
- Emancipation of Minor
- Grandparent Rights
- Guardianship of Minor
- Legal Name Change
- Mediation ServicesParenting Plan (Establishing, Modifying, Amending)
- Parenting Time (Child Custody, Visitation)
- Pre and Post Nuptial Agreement
- Property Settlement Agreement
- Separation Agreements
- Settlement Conferences
- Surrogacy Agreements
- Qualified Domestic Relations Orders (QDROs)
Probate is often feared as a complicated or daunting process but depending upon the estate, it can be made easier. Peaks and Valleys specializing in providing simple, cost-effective guidance to those probating the estate of a loved one.
Often people will ask whether probate is necessary and if it can be avoided. Unless an estate plan that avoids probate is in place in when a person dies, the answer is generally “no.” The probate process is often necessary so that debts can be settled and legal title to property can be property transferred.
Often, the first step is to find an original copy on the last will and testament of the deceased. This will need to be submitted to a probate court to begin the probate process. If there is no will, please contact us for details on how to proceed with an intestate probate.
Not all property is subject to the probate process. Non-probate assets with named beneficiaries such as life insurance, retirement accounts, annuities and bank accounts are often passed outside of the probate process in accordance with the policies of the entities that manage them.
Whether probating with or without a will the first action a probate court generally takes is to appoint a personal representative to administer the estate of the deceased. The personal representative works closely with the court and any lawyers, accountants or others involved to ensure that all debts are property addressed and assets are inventoried and distributed properly.
Probate should not be feared as it is the process by which creditors are barred from making claims and families can transfer property after a loved one dies. Please call 406.207.6462 or email email@example.com and make an appointment to learn more about avoiding any dreaded probate complications.
Anyone over the age of eighteen who has accumulated assets, can benefit from a well thought out estate plan. It is especially important that anyone who has dependents, whether they be minor children or disabled adults, plan for the care and costs associated with caring for their dependents so that those dependents are taken care of in the event of sudden illness, disability or death. Once beneficiaries have reached adulthood, it is still wise to protect their potential assets via a good estate plan. Bad decisions, outside influences, creditor problems and divorce are all factors that commonly deplete inheritances prematurely.
Many of us have personally experienced or have family or friends who have experienced, significant stress, expense and spent far too much time dealing with the affairs of a loved one after their sudden illness, disability or death. Appointing someone to take care of your affairs in the event that you are not able can be one of the most important steps you take to prevent this. Designating who will get what as well as when and how they will receive it is another important gift you can give to those you leave behind after your death.
Please contact attorney, Janel F. Chin via telephone (406-207-6462) or Email
(firstname.lastname@example.org) to learn more about why a Peaks and Valleys Estate Plan could be an important asset for your family.