When you think about drafting a will or a trust, and you mentally go through your assets, you might forget one very important item: your digital assets. Your heirs and executors will not only need to distribute tangible property like your house or your car; your digital property will need to be divided up as […]
The term “probate” sums up the legal processes that determine how an executor should distribute a deceased person’s assets. Understanding Probate, if you still have no idea what it is, should be your main priority if you are appointed an administrator, executor, or personal representative of the estate. Having little knowledge about this process will […]
The estate of someone who’s passed away is adjudicated in probate court. The will and other documents are entered into the record. The executor goes through the process of identifying the creditor with a claim against the estate. Before any assets distributed to the heirs – the estate must first pay its debts. That might […]
How much of your life is virtual? Do you know anyone who doesn’t have a computer, a tablet or a smartphone? Every email, every payment, every movie, every picture, every file in the cloud is a digital asset. What happens if you pass away and no one can retrieve them? Your estate can get stuck […]
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Durham, North Carolina 27703
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