If someone objects to a will, they may be able to contest its validity in court. However, there are specific rules that limit who can contest a will, when, and under what circumstances. There are also procedural requirements and deadlines that must be adhered to...
At the end of 2022, the SECURE Act 2.0 was signed into law. The Act makes changes to both individual and employer retirement savings plan rules with the goal of encouraging workers to save more for retirement. The Act also allows retirees to potentially reduce or...
If the IRS has determined that you owe taxes, and has assessed a penalty against you or taken collection action, you may be able to file an appeal. However, there are a variety of rules and deadlines that apply when you appeal an IRS decision. Failing to comply...
A fiduciary, such as the executor of an estate or trustee of a trust, is in a position of power and control over the estate or trust. As such, a fiduciary has certain legal duties to the beneficiaries of the estate or trust. One of the key responsibilities of the...
If you are named as an executor or administrator of an estate, it is your responsibility to manage and close the estate. This is a complicated process that begins with filing a petition with the Probate Court as discussed in our prior blog post, Probate and Estate...
When someone dies owning property, there is a legal process for distributing the person’s assets. This process begins in Probate Court. There are numerous rules and procedures in Probate Court and they differ depending on whether the individual who died (the...