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One method to make certain the elective share is not taken is to participate in a prenuptial agreement prior to the marriage or a postnuptial contract after the marital relationship

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Many member of the family invest many hours a week supplying take care of a senior relative without understanding that being compensated for that care can be a great tool for moving resources without sustaining a charge if the senior later applies for long-term care Medicaid

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These trusts provide a couple of unique advantages over their revocable equivalents Once the Will has gone through probate,the administrator can carry out his/her remaining estate administration duties The Law Firm of Steven F.Bliss Esq.If the person who died owes money to other people,for example,on a credit card,for fuel,for rent or a mortgage,this comes out of the estate.

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