Q. How can we avoid probate and reduce the estate tax for our beneficiaries, who are our two adult children? We know about payable on death (POD) bank accounts. Is it better to put our two houses in ...

Clients who want to leave their real estate property to their loved ones may want to set up a life estate to help the beneficiaries avoid costs associated with probate, a Kiplinger article states.

Inheritance Funding reports probate delays can arise from will disputes, incomplete documents, complex assets, outstanding ...

Explore formal probate, including its definition, necessity, key actors, process, benefits, and drawbacks. Learn strategies ...

Learn about Probate Specialists, including the definition, responsibilities, qualifications, & challenges faced. Compare & ...

Q. I was told that unlike wills, a trust doesn’t require probate and is not taxable. My main asset is a house that I want to pass on to my son. Would a living trust help? — Planning A. We’re glad ...

The concept of an inheritance is well known — but "inheritance," as defined by the average person and by the law, can often be two very different things. Specializing in trust services, I’ve crafted ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Probate Law: Judge's Gavel as a symbol of legal system, Themis is the goddess ...

Q. How can we avoid probate and reduce the estate tax for our beneficiaries, who are our two adult children? We know about payable on death (POD) bank accounts. Is it better to put our two houses in ...