Entries by Bitcoin

How A Creditor Can Collect From A Decedent’s Estate?

A person who dies owing monies to his or her creditors complicates the administration of the decedent’s estate or trust.  That is because the estate or trust will now be accountable to creditors given that the decedent’s rights, liabilities, assets and interests transfer to their estate when they pass away. Because the resolution of these […]

Did A California Decedent Fail To Title An Asset Into A Trust And You Are Looking To Avoid Probate? Consider utilizing a Heggstad Petition.

In the realm of estate management and planning, a Heggstad petition plays a crucial role when a California decedent has neglected to formally transfer their property into their trust prior to passing. This mechanism is particularly significant as it provides a streamlined process to transfer the decedent’s property into the trust without the oftentimes lengthy […]

What is Probate?

Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves assets to distribute, such as bank accounts, real estate, […]

How An Heir Or Beneficiary Can Contest A Will In Probate Court

How An Heir Or Beneficiary Can Contest A Will In Probate Court Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person […]

Mississippi taxpayers impacted by April 2024 severe storms, straight-line winds, tornadoes, and flooding qualify for tax relief

On June 27, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses affected by severe storms, straight-line winds, tornadoes and flooding that began on April 8, 2024 in Mississippi. These taxpayers now have until November 1, 2024, to file various federal individual and business tax returns and make tax payments. The November 1, 2024, […]

Kentucky And West Virginia taxpayers impacted by April 2024 severe storms and flooding qualify for tax relief

On May 31, 2024 the Internal Revenue Service (IRS) announced (Kentucky) announced (West Virginia) tax relief for individuals and businesses affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides that began on April 2, 2024 in Kentucky and West Virginia. These taxpayers now have until November 1, 2024, to file various federal individual and business tax […]

Massachusetts taxpayers impacted by September 2023 severe storms and flooding qualify for tax relief

On May 31, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses affected by severe storms and flooding that began on September 11, 2023 in Massachusetts. These taxpayers now have until July 31, 2024, to file various federal individual and business tax returns and make tax payments. The July 31, 2024, deadline will now […]