Estate Planning

what is estate administration

What is Estate Administration?

Estate administration refers to managing and distributing a deceased person’s assets in the US. This process typically includes identifying and inventorying the decedent’s assets, paying debts and taxes, and distributing any remaining assets to the beneficiaries named in the decedent’s will. Without a valid will, actions are taken to comply with state intestacy laws. The …

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The need for a Valid Will

The Need for a Valid Will

More than 50 percent of Americans find estate planning important, yet statistics show only about 33 percent have a will. Those individuals with a will may have moved to a different state or forgot to update their will after life events such as marriage, divorce, births, and deaths, making it ineffective. One of the …

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