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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...

Who handles my estate upon my death?

Once you die, everything you own has to transfer ownership, but you will not be here to oversee the process. So, who will handle your estate when you are gone? The North Carolina State Bar explains that you can choose the person to take care of things for you or the...

How should you approach estate planning?

Dealing with matters of the estate is rarely ever simple or easy. This is especially true when you approach estate planning, which is often complex, time-consuming and emotionally draining for everyone involved. One of the best ways to handle estate planning is...