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🔍 Understanding Wills vs. Trusts Curious about the differences between a will and a living trust? In yesterday's live webinar, Attorney Anthony Davis broke down the essentials to help you make an informed decision for your estate planning. 📝 Learn how wills navigate the probate system and potential benefits in complex family dynamics. 🔒 Discover how trusts offer privacy and expedite asset distribution, bypassing the lengthy probate process. Watch to learn how to navigate your estate planning seamlessly, and contact Anthony directly at anthony@nudo.net or 847-906-0005 for a personalized consultation. #EstatePlanning #WillsAndTrusts #LegalGuidance #NudoLaw #LiveWebinar #LegalWebinar

🔍 Understanding Wills vs. Trusts Curious about the differences between a will and a living trust? In yesterday's live webinar, Attorney Anthony Davis broke down the essentials to help you make an informed decision for your estate planning. 📝 Learn how wills navigate the probate system and potential benefits in complex family dynamics. 🔒 Discover how trusts offer privacy and expedite asset distribution, bypassing the lengthy probate process. Watch to learn how to navigate your estate planning seamlessly, and contact Anthony directly at anthony@nudo.net or 847-906-0005 for a personalized consultation. #EstatePlanning #WillsAndTrusts #LegalGuidance #NudoLaw #LiveWebinar #LegalWebinar

If you would like to be involved in a round-table discussion with acknowledged leaders in Estate Planning then drop me a line … #Wills #Trusts #Inheritance #EstatePlanning

In California, drafting a last will and testament requires adhering to specific legal criteria, including written documentation, mental competence, and the signing and witnessing of the document.     While the state doesn't recognize oral wills, it does permit deathbed wills, despite their potential to be contested in probate court. As sub-optimal as they might be, deathbed wills provide a better outcome than leaving asset distribution to the state's intestacy laws, which automatically kick in when a person dies without a will.    The safest way to ensure your last will and testament achieve your goals is to follow the written/witnessed format before your deathbed.     Read more about oral and deathbed wills on our blog: https://lnkd.in/g5wvm_f6 

Planning your legacy? Know the difference between wills and living trusts. 🌟 While wills are public documents subject to probate, living trusts offer privacy and can expedite asset distribution. Let Carr Law Group guide you toward the right choice for your estate. ☎️ (727) 894-7000 https://lnkd.in/g7XbjupR

Read our latest Wills, Trusts and Estates article written by senior associate Karel Kogler.    This article will focus on the inter vivos trust, being a trust created during the lifetime of a person and not the mortis causa trust which is created in terms of a person’s will and comes into existence after death.      Read more about the article here: https://rb.gy/1d0ssr #HeroldGieAttorneys #HeroldGie #HeroldGieArticles #WillsTrustandEstates #LawFirm #CapeTownLawFirm #LegalAdviceWhenItMatters 

The UK Wills, Probate & Trusts Market Report 2023 has estimated that the value of the market sat at £2.6bn in 2023, a 5.4% increase on the previous year. It also predicts the gorwth of the market for the next few years. Read the latest article from Legal Futures below: https://lnkd.in/etpg96vw

In the Estate of Jennings (Dec'd) [2024] WASC 31 - on 8 February 2024 the Supreme Court delivered a decision about the "chain of representation" in deceased estate matters. The chain of representation refers to the automatic transmission of executorship from one executor to the executor of their estate when they die: Jennings, [1]. The principle of "chain of representation" dates back to 1951 in England first set out in 25 Edward III St 5, chap 5 (1351). The common law position is set out in Drummond v Registrar of Probate (1918) 25 CLR 318, 321 - which states that: "an executor having taken probate of his own testator's will become executor, ipso facto, not only of that will but also the will of any testator of whom the other was the sole or surviving executor." That common law position applies in Western Australia: Jennings, [38]. The Court confirmed that the "chain of representation" operates automatically and "a separate application for a grant of probate over the original testator's will by the executor of the executor is not required - that is the very purpose of the chain of representation": Jennings, [40]. #estateplanning #probate

Join experts from Forbes Solicitors Wills, Probate, Tax & Trusts departments and Schofield & Associates Financial Planning department as we explore the complexities of passing your wealth down from generation to generation. This exclusive client event is designed to equip you with the knowledge and tools you need to navigate the intricacies of estate planning. 📅 Wednesday 13th November 2024 🕣 8.30am – 11am Secure your complimentary place now – see link in comments #FinancialPlanning #WillsAndProbate #EstatePlanning

ON THE BLOG: When taking on the role of an Executor, it’s normal to wonder about what it actually involves. Having supported many clients through this process, one of the most common questions we hear is “What documents and information do I need?” To answer this question, our Wills and Estates lawyer, Bridgette Dempsey unpacks 5 key documents and sources of information that you need when working through a loved one’s Estate. Find them in our latest blog here: https://bit.ly/4erQdNF #SELawyers #WeHeartMaroondah