by Barry Haimo | May 18, 2015 | Fundamentals, Last Will and Testament, Videos
What happens if we cannot find a will? Whether or not you have a validly executed Will, your estate will go through Probate to the extent that you die owning assets in your name. “Probate” is the legal process through which a deceased person’s...
by Barry Haimo | May 18, 2015 | Fundamentals, Fundamentals, Last Will and Testament, Trusts, Videos
If I Create a Revocable Living Trust, Do I Still Need a Will? By: Barry E. Haimo, Esq. May 18, 2015 [BEGIN TRANSCRIPTION] HAIMO: Creating a revocable living trust does not eliminate the need for a will. If you pass away with assets in your name, they will still have...
by Barry Haimo | May 18, 2015 | Fundamentals, Last Will and Testament
By: Barry E. Haimo, Esq. May 18, 2015 Can Someone Challenge My Will After I Die? [BEGIN TRANSCRIPTION] BARRY HAIMO: Yes, somebody may challenge the validity of a will. It requires proof of misconduct on the part of various people who could be involved in the...
by Barry Haimo | May 18, 2015 | Fundamentals, Last Will and Testament, Videos
What makes a will legal? A “Last Will and Testament” or a “Will” is a legal document that expresses your postmortem wishes. It appoints a personal representative or executor to administer your estate. It designates a guardian of the...
by Barry Haimo | May 18, 2015 | Fundamentals, Last Will and Testament, Videos
When should I review my existing will? A “Last Will and Testament” or a “Will” is a legal document that expresses your postmortem wishes. It appoints a personal representative or executor to administer your estate. It designates a...
by Barry Haimo | May 18, 2015 | Fundamentals, Last Will and Testament, Videos
Is signing a will a formal process? Yes, a will is only valid if it complies with the formalities of execution imposed by your state. Failure to comply invalidates a will, and an invalid will is no will at all. Remember, small mistakes have huge consequences....