Few people want to think about what would happen to their families if they become disabled or die; however, planning for these occurrences in advance will reduce potential stress on your family later in life. The right plan can protect the value of your estate and spare your loved ones unnecessary hassles and legal conflicts.
This book will take the guesswork out of planning your estate and help you finally understand the complex processes. Your Texas Wills, Trusts, & Estates Explained Simply will help you glide through this complicated process. This book has been adapted to offer Texas residents state-specific advice for estate planning.
Author Linda C. Ashar, attorney at law, has crafted an estate-planning primer that allows Texas residents to become more informed and more involved during the process. Your Texas Wills, Trusts, & Estates Explained Simply will provide all the information you need to choose, set up, and execute a will, trust, or estate. You will learn the legal terminology, including beneficiary, probate, trustor, trustee, assets, guardianship, and executor. You will also learn about trust agreements, trust property, settlement costs, life insurance, durable powers of attorney, marital deductions, gift splitting, survivorship deeds, gift tax issues, generation skipping transfer tax, tax deferred accounts, and advance directives.
Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president's garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.
"This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. The print version of this book is 288 pages and you receive exactly the same content. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version. "

The seventh edition of Wills, Probate and Estates has been written to provide trainee solicitors with a clear and thorough understanding of current best practice in the area of wills, trusts, probate, and the administration of estates. The manual takes into account all recent changes in legislation. The book outlines the basic elements of a will, familiarising trainees with the common law and statutory background, and enabling them to draft wills and simple trusts in accordance with statute and their clients' informed instructions. It then outlines how to obtain the necessary grant of representation on the death of a client, either with or without a will, and how to administer such an estate, taking into account the various obligations on the personal representative. Wills, Probate and Estates provides succinct and practical advice, provided by solicitors for solicitors, tackling questions of practice and procedure that are of central importance not only for students on the Professional Practice Course, but also to practitioners who deal with any area of wills, trusts, probate, or the administration of estates.

One of the most critical decisions a person must make when crafting a will or establishing a trust is whom to name as executor or trustee. Being chosen for these important jobs is an honor, and you must know how to perform the tasks correctly. With the help of this book you will understand the complex process of carrying out a person's final wishes. This book will provide insight whether you are a lawyer, accountant, financial consultant, spouse, adult child, relative, or friend; the simple, easy to understand language makes this book accessible to everyone. You will become familiar with many estate and trust management terms, such as beneficiary, probate, remaindermen, trust agreement, trust property, trustor, and trustee. In addition, you will learn the many duties and responsibilities of an executor, including the disbursement of property to the beneficiaries, collecting and arranging for the payment of debts, approving and disproving creditors claims, calculating taxes, filing forms, assisting the estate attorney, acting as the representative of the estate, inventorying and appraising the assets, and acting in the best interests of the deceased. After reading this book, you will know how to initiate probate; how to preserve the value of the estate; how to notify beneficiaries; how to send notices to the post office, banks, utilities, and credit card companies; how to file for Social Security, civil service, and veteran benefits; how to file tax returns; and, how to file state death and federal estate tax returns. As executor, you will be responsible for settling the deceased person's estate and as trustee, you will be responsible for holding and administering the trust assets in the best interests of the trust's beneficiaries. Using this book as a guide, you can be assured that you will be prepared to properly perform the necessary duties entrusted to you.

Revise SQE Wills and Administration of Estates provides readers with the core legal principles and rules to be tested by the Solicitors Qualifying Examination (SQE1) Functioning Legal Knowledge (FLK) assessment. It outlines the law, procedure and processes involved in drafting and interpreting a will, the functions and responsibilities of personal representatives, and how an estate is managed and taxed. There are chapters on how to make a claim against an estate using the Inheritance (Provision for Family and Dependants) Act 1975 and on the professional conduct points which arise most frequently when dealing with probate work. Readers will be able to test their knowledge throughout by practising multiple-choice questions, and practical examples will clarify the application of the law.

'Digital Assets and Probate: A Practitioner's Guide' is an ideal companion for the busy probate practitioner who needs a better understanding of digital assets when advising clients, drafting wills, or administering estates. Written in an accessible style, it is a useful reference for both new and experienced probate practitioners, dealing with issues such as: - What is a digital asset? - Who deals with digital assets in probate situations? - How does inheritance tax apply to digital assets? - What happens if you ignore the digital aspects of a client's estate? - What steps should be taken to secure digital assets post-death? - What should clients be asked about their digital assets and behaviours, and what should not be asked? The author looks at a range of subjects in the context of probate, from social media and the taxation of crypto-currencies to digital executorship and securing digital devices. The mitigation of risks to solicitors and legal representatives is also considered. This book also provides the practitioner with draft clauses, precedents and a sample digital assets questionnaire for clients. It contains a useful glossary of relevant terms which are commonly encountered in practice.

The European Union Succession Regulation No 650/2012 entered into force on 17 August 2015 covering all successions in European Union Members States (with the exception of Denmark, the United Kingdom and Ireland). The Regulation comprehensively covers the substantive succession law as well as the specific procedural law and the law concerning recognition and enforcement of the relevant judicial awards. The Regulation applies to ''cross-border" succession i.e. cases where the citizen of one Member State died in another Member State where he or she owned movable or immovable assets. Based on the Regulation, the applicable law now follows uniform rules, meaning the historic legal fragmentation within Europe will be eliminated in the future. This magisterial new text offers a comprehensive analysis of the new regulation, providing an authoritative guide to the new European succession framework.