Probate is the process that consists of administering an individual's estate after death, and its primary purpose is to prevent fraud. There are different types of probate, and informal is the one that most estates go through. Informal probate is for when the decedent...
Year: 2022
What powers does a conservator have?
A conservator is someone who a court appoints to handle the finances of a person who is unable to do so him or herself. However, the conservator does not have full reign to do as he or she wishes. According to the Arizona State Legislature, the court ultimately has...
3 estate planning tips for new parents
When adding a new child to your family, his or her immediate needs can seem overwhelming. This is true whether you give birth or adopt your child. Nevertheless, you should try to think about updating your estate plan if you already have one or creating one if you do...
What does a personal representative do?
When someone names you as the executor in his or her will, you also become the personal representative of his or her estate when he or she dies. You, therefore, assume responsibility for overseeing the deceased’s assets and making sure they pass to his or her heirs...