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Month: April 2022

What is a small or simple estate?

Large estates will almost always have to go through probate as protection for the estate. Probate allows a judge to oversee the process of closing the estate and matters of the deceased. However, if you have a small or simple estate, then your family may be able to...

Will I have a residuary estate after I die?

The main goal of your estate plan is to ensure that your intended beneficiaries will receive what you want them to inherit from your estate. However, it is possible that you will have assets that might not go to any beneficiary and will create a residuary estate. A...