estates law

Types of Trusts

5 Minute Read Trusts can be very powerful estate planning tools. They are, however, incredibly complicated. In this article, we briefly introduce different types of trusts and their purposes. Generally, a trust is a legal arrangement to allow individuals (settlor or grantor) to transfer assets to a trustee to hold and manage for the ultimate […]

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What is Insolvency?

2 Minute Read When someone dies with insufficient assets to meet the claims of their creditors, they leave an insolvent estate. What happens to an insolvent estate? Let’s discuss. In the case of an insolvent estate, this means the debt exceed the assets resulting in the likelihood that the estate all goes to creditors and

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Introduction to Probate & Estate Administration

2 Minute Read Probate refers to the legal process by which the Court recognizes the official appointment and authority of the estate trustee to administer the deceased’s estate, whereas estate administration refers to the entire process in which the estate trustee settles and administers the deceased’s estate. Learn more about the estate administration process in

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