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Which Child Gets the Farm?

Imagine a pair of aging parents that have been farmers and own their farm. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm,…

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How Does the Probate Process Work?

The probate process involves authenticating the deceased individual’s will, assessing the assets, settling debts and taxes and oversee the allocation of the inheritance. After an asset-holder dies, the court will appoint a valid will's executor to administer the probate process.…

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How a Will Works

A complete estate plan contains a legally binding mandate called a will, describing the distribution of assets upon death. If you die without one (intestate), the state will distribute your assets and property via state law and quite possibly at…

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Medicaid and Gifting

A person should not be giving gifts if that person may need Medicaid assistance in the foreseeable future. This can be sad if that person gets joy out of generosity. But gifts in that situation can turn out to be…

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