It would be nice if everyone’s debts were fully settled when they died, but that rarely happens – and it’s not always easy to understand what steps you need to take to collect from an estate. In California, there are some strict deadlines that you need to follow and...
When most people pass away, they have some level of debt that is still outstanding. It could be something major like a mortgage or a business loan or car loan. It could also be a minor type of debt, such as a credit card payment. Additionally, the estate will probably...
If an estate plan has a no-contest clause, it can make it more difficult for disputes to begin. After all, the goal of that clause is simply to keep people from wanting to contest the terms of the estate plan. It’s important to note that this doesn’t mean that it’s...
To successfully challenge someone's will or estate plan, you need legal grounds to do so. Some people focus on outside influence that unduly impacted the estate plan, while others try to prove that a testator lacked the necessary cognitive capacity when signing the...
Divorces with significant property can easily become messy, as spouses may do things that are uncharacteristically cruel or unethical. For example, someone who has never taken an issue with supporting the family may come to resent the financial demands of their ex as...
When you are owed a debt but the person who owes the debt dies, you may think that you have no options available to help you collect. The truth is that once a person passes away, you can pursue a claim against the estate to get back compensation for the debts owed....
Buying a home is a big step in many people’s lives. You may have saved for years to get to this point, and now you want to purchase the perfect property for you and your family. While this should be an exciting and even fun moment in your life, it can be a risk to...
Knowing that someone owes you money, you send them letters and call them to keep them informed. You take steps to make sure that they realize they owe you that debt, and you do your best to collect it. What about if they pass away, though? Now, you’re going to need to...
When your mother or father is getting up in age, the last thing you want to do is leave them vulnerable to being taken advantage of. On one hand, you know that they are still currently capable of taking care of themselves, but on the other, you know that their mental...
Whether you loan someone money or have a judgment against them from a civil lawsuit, you have a reasonable right to expect them to fulfill their financial obligations to you. They should continue making payments to you according to your loan agreement or the terms of...