Author Archives: Jay Butchko
Which Debts Take Priority In A California Probate Process
One of the major duties of a personal representative of a California estate is paying debts. Therefore, if you are the personal representative of a decedent’s California estate, you need to understand everything there is to know about paying debts during probate and handling creditors in probate. For example, do you know that personal… Read More »
A Simple Guide To Help You Serve As A Personal Representative
Being named the executor of a will can be an exciting thing. However, the reality is that the job of a personal representative is not an easy one. If you are the executor of your deceased loved one’s will, you should know that you have a significant role ahead of you. Despite the grief… Read More »
I Was Left Out Of My Loved One’s Will. What Do I Do?
Being left out of a loved one’s will, especially if you believed or were told you would be included in it, is not a situation anyone wants to be in. If you were left out of your loved one’s will, it is understandable why you feel heartbroken, frustrated, or even angry. If you assumed… Read More »
What To Do If The Executor Doesn’t Give You Your Inheritance As A Beneficiary
If you are a beneficiary in a deceased loved one’s Will, the executor of your loved one’s Will is required to give you your inheritance. The executor is required to distribute your deceased loved one’s assets according to your loved one’s wishes. So, what happens if the executor doesn’t give you your inheritance as… Read More »
When Will You Get Your Inheritance After Losing A Loved One?
If you recently lost a loved one and know or believe you are one of the beneficiaries in their Will, you may be asking yourself when you will get your inheritance. You are most likely asking yourself this because you are looking forward to inheriting something that will always remind you of your loved… Read More »
Ancillary Probate
If you think that going through probate is bad, think about having to conduct two probate proceedings in two different states for the same decedent. If you are wondering how this is possible? Read on to find out. Ancillary Probate Ancillary probate is a second probate proceeding in another state than the original probate… Read More »
Here’s How A California Divorce Will Affect Your Estate Plan
If you are currently going through a divorce, you must keep in mind that divorce can impact your future plans, including your estate plan. If you signed a will while married, chances are, you left possessions and/or money to your spouse. Also, chances are, if you made a will while you were married, you… Read More »
Do You Own A Family Business? Here’s Why You Should Consider A Living Trust?
According to the first 2019/2020 Global Entrepreneurship Monitor (GEM) report, families own and manage most businesses worldwide. It is estimated that 81% of mature business owners and 75% of entrepreneurs co-manage and/or co-own their businesses with some members of their family. Additionally, more than 60% of mature business owners acknowledged that most of their… Read More »
Reasons Why Probate Is Not That Bad
One commonly held belief about probate is that it is a complex and negative process that should be avoided whenever possible. In fact, many people focus on setting up their estate plans in a manner that allows them to avoid the probate process. Indeed, probate can be expensive and time-consuming, but, the truth is… Read More »
California Probate: 5 Frequently Asked Questions
In this article, get to learn the answers to five frequently asked questions about probate in California. While reading these answers, please keep in mind that the information in this article is for informational purposes only. You should not use any of the information in this article to make decisions regarding probate. Before making… Read More »