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What else can I help you with?
If Dad had no assets Do you need probate?
Not if there are no assets at all. A will is simply a document that transfers a persons property to other persons after death. If there are no assets to be transferred, then there is nothing for the will to do.
What is the difference between a will and a living will?
A will is a document that transfers a person's property to others upon his/her death. This is called a testamentary document. It has no effect to transfer property until the testator dies. A living trust is a document that creates a fund of property, which is administered by the trustee for the benefit of other persons but with certain restrictions or directions on how the fund is to be used. This is called an inter vivos document because it is effective to transfer property during the person's lifetime.
What is the difference between a living will and a living trust?
A will is a document that transfers a person's property to others upon his/her death. This is called a testamentary document. It has no effect to transfer property until the testator dies. A living trust is a document that creates a fund of property, which is administered by the trustee for the benefit of other persons but with certain restrictions or directions on how the fund is to be used. This is called an inter vivos document because it is effective to transfer property during the person's lifetime.
What is a will?
A will is a legal document that specifies how a person's assets and property are to be distributed after their death. It allows individuals to outline their wishes regarding beneficiaries, guardianship of minor children, and other important decisions. Having a will in place can help ensure that assets are distributed according to the person's wishes.
What is Arkansas law regarding property rights between spouses?
Title 9 Family Law Subtitle 2. Domestic Relations Chapter 11 Marriage Subchapter 5 -- Rights and Property of Married Persons
What is meant by heirs at law?
Heirs at law are the persons who would inherit the property of a decedent who died with a Will.Heirs at law are the persons who would inherit the property of a decedent who died with a Will.Heirs at law are the persons who would inherit the property of a decedent who died with a Will.Heirs at law are the persons who would inherit the property of a decedent who died with a Will.
If someone keys your car while on another persons property is that persons insurance responsible?
no
DOD policy regarding Trafficking in Persons is?
Zero Tolerance
The person or persons requesting the worksheet should supply their requirements in a what kind of document?
In Project Management, this is called a requirements document or specifications document.
What is the difference between a will and a living trust?
A will is a document that transfers a person's property to others upon his/her death. This is called a testamentary document. It has no effect to transfer property until the testator dies. A living trust is a document that creates a fund of property, which is administered by the trustee for the benefit of other persons but with certain restrictions or directions on how the fund is to be used. This is called an inter vivos document because it is effective to transfer property during the person's lifetime.
Can you add a new name to be a trustee of a property that has been entrusted to some persons?
If property is owned in the name of a trustee of a trust, then the trust agreement controls. The person who established the trust should have created a trust agreement, and in that trust agreement it will state whom the initial trustee is and how successor trustees are named. So, check the trust agreement.
Who owns a deceased persons property who has no heir?
When a person with no next-of-kin dies owning property, their property 'escheats' to the state.
