Probate is the court process by which a WILL is proved valid or invalid. If there is no Will, it is the legal process where the estate is administered after someone dies.
In the absence of a Will the court appoints a Personal Representative to administrator the deceased persons estate. This Representative is responsible for locating any assets and determining their value.
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Statistics show that as many as 9 out of 10 Americans may have unclaimed money waiting to be discovered!
It’s estimated that almost $40 billion dollars in unclaimed cash or abandoned accounts exist in the United States today. Is some of that yours?
Have you ever considered what might happen, or where you would live if you couldn’t manage taking care of yourself or your home any longer? What about your parents? Are you becoming concerned about their safety as they age? Are there multiple floors to manage, are they at risk of falling, is someone checking in on them, and do they have transportation?
If any of these are concerns of yours, it might be time to consider relocating to communities designed for seniors.
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For me the ultimate act of love is planning ahead.
I call it Death Etiquette™:
Death Etiquette™ – Being thoughtfully prepared for one’s own passing. Accordingly, making things easier for family and loved ones by leaving clear and concise instructions in regard to your final wishes for funeral desires as well as location and access to important documents and accounts. Further identifying who should be responsible for carrying out the final wishes and ultimately settling all the final affairs. It is a simple act which saves loved ones Stress, Time and Money…. the things which divide families!
Continue readingCreate your digital plan. You benefit today. Your family will benefit tomorrow. Try It Free