Answering questions, the second major job of the probate court is to order that the decedents creditors have been notified so they can present their claims to the court for payment.
This requires the costly time consuming job of inventoring all of the decedent’s liabilities.
The creditors are notified either by notices in the local newspaper or directly by mail.
The state/prov. law, set a time table that the probate proceeding must be left open to allow creditors the chance to present their claims.
In most all cases the creditor period is several months long.
One can minimize that time by having a properly drafted Will with the specific information already outlined.
Individuals have the total freedom to take as much time as necessary to get the proper counselling with any number of available pr0fessionals, to draft up an almost fool-proof Will and Estate plan for the BEST PROTECTION of their families and assets avoiding higher fees for wasteful searches and higher taxes often looming.
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The Worlds Wills Locations Registies encourages everyone to take advantage of the American Diabetes Association Risk Test opportunity on Tuesday March 23rd.
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Will you be able to claim a Golden Oscar Award ……?
As we get older , we sometimes begin to doubt our ability to make a difference in the world and sometimes we need others ?
However, occasionaly, our hopes are boosted by the remarkable achievements of a friend or neighbor,who dislays techniques of managing their daily time schedules and can take care of accomplishing the things most of us hardly find time to get done.
Even as seniors, we can learn and sometimes we need others to show us how to get better organized.
A critical area of neglect with too many seniors today, is getting the family together to finalize a family estate plan.
Leaning on the counsel of these friends has been a boon to many other seniors who as yet, have not completed their estate plan either !
Make an OSCAR WINNING AWARD and an inspiring difference today to search out one of these helpful seniors to get your Will and Estate plan underway ! Good Luck
Only 16 days until the American Diabetes Risk Test opportunity on March 23rd.
The Worlds Wills Locations Registries urge your participation. A most beneficial personal medical check.
A reader asks…….Who starts this process ?
A formal written petition to the court along with a filing fee must be submitted to the court to start the probate process.
One of the courts first jobs is to approve or appoint someone to handle the affairs of the estate. This person is called the executor, administor or personal representative depending upon the rules of the state/prov, and whether the decedent died with or without a Will.
We will call this agent of the estate a “personal representative”.
Generally, the first thing the personal representative does is hire an experienced probate attorney, although that may not always be a legal requirement.
In many cases, hiring an attorney may become a practical necessity because probate paperwork and filing procedures can be very comlex.
Another step to follow.
Remember March 23rd, Diabetes Risk Test Day.
In this day and age, it is impossible for anyone—including attorneys—to understand all of the facets and intricacies of the law. That being said, there are some nuances that it is important for all of us to have at least a rudimentary understanding of. One of these main legal points is known as power of attorney.
At its most basic level, power of attorney is when you allow another person to act on your behalf in legal or business matters. There are several forms of this law, but the main distinction is between special (also known as limited) and general. Under special power of attorney, the action of the individual is limited to particular circumstances or actions, whereas general gives a larger scope of governance.
Will Writing
Diabetes…….is a silent creeper , and if left unchecked, can cause major other health problems forcing many to hurriedly plan and complete their Wills and estate planning.
Many with other illness’s quite often do not know that a Type 2 diabetes may be a contributing factor to their problem, and it is not discovered by their doctor’s either unless a glucose tolerance test is completed!
The American Diabetes Association have structured an ALERT CAMPAIGN to make citizens AWARE of their planned Diabetes Risk Test Day, Tuesday, March 23rd!
ONLY 20 Days left to think about it. Please Act Now for your own benefit.
The Worlds Wills Locations Registry offers this reminder.
Seldom does anyone think about a death probate!
As a matter of fact many, if not most people , do not even know what that means ?
It really not difficult to understand when one becomes aware of what it means, and at some time towards the end of their lives as they contemplate Wills and Estates, most who draft Wills will become quite famaliar with the term .
At your death,your assets need to be distributed to your heirs. Your debts need to be paid and any loose ends need to be looked after.
You, obviously, can’t sign deeds, write checks or handle your business affairs.
The Probate Court now takes over these duties.
The probate process is a long complicated and bureaucratic nightmare for most families, and without a properly drafted WILL or Living Trust, can sometimes take 2 to 3 years to finalize. Even then, some decisions by the Courts may not end up in your favor.
This corner advises to take the valueable time with family to sit down and efficiently and quitely map out a comfortable solution that you want to achieve.
You wil be very happy you did,
……..
Family Wills
.which causes us to ask ourselves “ ARE WE REALLY PREPARED FOR THE UNEXPECTED?”
SOMEBODY IS RESPONSIBLE TO INSURE THAT FAMILIES HAVE A WRITTEN WILL IN PLACE !
As a two month vacationer in Honolulu, Hawaii, this blog writer was awakened at 6 am today by the country’s Civil Defence Alert Alarm Sirens alerting Island residents of the on-coming Tsunami. TV and Radio have been issueing guidance and directions repeatedly asking people to follow the instructions as given.
The TSUNAMI caused by the massive 8.5 earthquake in Chile, South America is due to hit Oahu and Waikiki area about 11:00 am. The Defence Alert people are suggesting only people along shorelines and low lying areas should be seeking to re-locate to higher ground during this alert.
With our 550 room resort filled with Japanese tourists, there is naturaly a high level of anxiety.
Initial reports already revealed more than 130 deaths have occurred at the earthquake site with many more expected, along with injuries in the thousands.
This disaster is one of those unexpected, or out- of- the – blue happenings that often claim the lives of many, and many, ( if not all ) were totally unprepared with their families.
This blog constantly reminds people to prepare written instructions as to what to do with their property, possessions and family by way of a written WILL or LIVING WILL, so that families are protected. The courts almost always honor your written instructions you leave for your families.
Our thoughts and prayers go out to all so severly affected.
Another reminder today, there is 23 days until you can take advantage of the American Diabetes Risk Test Day Mar. 23rd.
Will planning
Will you believe it if I tell you that there many people who do not realize that they would not pass a glucose tolerance free test ?
To assist people to determine their own status, The American Diabetes Association has planned a national RISK TEST DAY, TUESDAY MARCH 23rd, for your convenience.
This is a wonderful opportunity. Please take advantage of it. There is only 24 days left until Mar. 23rd.
This author has been a 28 year TYPE 2 diabetic after being diagnozed with the disease never realizing I had .
The Worlds Wills Locations Registry supports your effort.
Change……..is a definition of grace under pressure!.
The most powerful tool each of us have for change , is our ability to change ourselves !
Many people may not even realize that they change with the times. or the enviorement around them. Changes in their immediate family thru illness, death, marriage, births, work place etc.
Amazingly enough, an important change in attitude regarding Wills and Estate Planning has been coming from new daughter-inlaws and son- inlaws that come into families who heretofore had not spent little time contemplating the value and importance of leaving written instructions for the future and welfare of their own children.
REMEMBER…..THIS IS YOUR LEGAL WRITTEN DIRECTIVES…..of what you want to have happen for your spouse/partner, children and other family members when you are not here to guide them.
The questions one must answer is, what will happen to your house, cars, boats, property mortgages, investments and insurance policies , your underage children, and the future of all your children?
AND AS IMPORTANT………is to REGISTER THE LOCATION OF WHERE YOUR WILLS AND IMPORTANT DOCUMENTS ARE GOING TO BE KEPT.
REMEMBER….it is your responsibility to record WHERE your WILLS are going to be kept so they can be easily located when needed.
SEEK OUT A WORLDS WILLS LOCATIONS REGISTRY for directions.
While the Winter Olympics are on in Whistler, British Colimbia, would you like to consider winning a Gold Medal as well ?
Do you realize that because you and your family have just completed your Family Will and a Living Trust, that you have qualified as the winner of a gold medal ? Well, at least, your family believes you are a gold medal winner for them, as you planned the protection of their future.
You mentioned you have three brothers, two of which are married and the third with a wedding in four months? You also revealed that you convinced the brother next to you, married with three children to also begin the planning of his estate for his family this month ?
That effort should qualify your brother then as a Silver Medalist shouldn’t it ?
The other two brothers however will not even qualify for the Bronze Medal because they do not as yet have any thoughts about estate plans for their loved ones.
Congratulations also to many others who took the vital planning step this month.
Permit us to also remind everyone of the Diabetes Risk Test Day, March 23rd. Only 25 days to go! Please request your glucose tolerance test to check if you have Type 2 diabetes?