by Durham Law Firm | Feb 4, 2020 | Estate Planning
On December 19th, 2019, the SECURE Act was passed for the purpose of bolstering retirement savings and became effective as of January 1, 2020. Among other things, this one-hundred thirty-page document gave more buoyancy to certain types of savings accounts that focus...
by Durham Law Firm | Jan 28, 2020 | Estate Planning
The process of beginning to draft a Will can be a daunting task. There are many reasons why individuals may decide that preparing their own will, in lieu of seeking professional help, is the right route for them to take. Those reasons may include the cost associated...
by Durham Law Firm | Jan 23, 2020 | Estate Administration, Probate
Often, a person will die and leave behind real property, such as a home or land. Sometimes, that person will have debts or claims against their estate that cannot be paid unless the property is sold to create funds. It is important to note, however, that in many...
by Durham Law Firm | Jan 14, 2020 | Estate Administration, Probate
Three months after an estate has been opened, the Court will require a Probate Inventory to be submitted. The Inventory is a precise list of estate assets. To figure out what the assets are, you will need to figure out what the decedent owned at the time of their...
by Durham Law Firm | Jan 6, 2020 | Estate Planning, Events
Event Video Transcript Hi, I’m Chris Wilms. I’m one of the attorneys at Hopler, Wilms, & Hanna. I’m pleased to talk to you today about an event coming up called Prepare, Don’t Predict. It’s at an awesome location called Spaceworks in...
by Durham Law Firm | Dec 17, 2019 | Estate Planning, HWH Updates
Many people own property and owe debts in more than one state. When a person who owns property in more than one state passes away, two different probate proceedings are necessary: a domiciliary proceeding and an ancillary proceeding. A domiciliary proceeding is the...
by Durham Law Firm | Oct 29, 2019 | Guardianship
For mentally incapable persons, it is standard for the Courts to appoint a guardian to take care of the person (the Ward) and make decisions that are in their best interest. However, what happens when a guardian decides that a procedure that may result in...
by Durham Law Firm | Oct 4, 2019 | Probate
If your loved one has passed away, the court or other organizations may ask you whether they died testate or intestate.You may already be overwhelmed dealing with the grieving process and having complicated and unfamiliar vocabulary thrown at you just makes it more...
