Cluster Articles

Pages linked into this editorial category.

Definition of Probate Estate: What It Is and What It Includes

A probate estate is the collection of a decedent’s assets that must go through court administration to transfer to heirs or beneficiaries. It generally includes assets owned s...

Read article
Maryland Intestacy Laws: Who Inherits When There Is No Will

Maryland intestacy laws determine who inherits your property when you die without a valid will. These rules, found in the Estates and Trusts Article, provide a default distribut...

Read article
Complex Irrevocable Trust: A Comprehensive Explanation

A complex irrevocable trust is an irrevocable trust designed with layered provisions that can address multi-jurisdictional assets, blended-family goals, creditor protection, and...

Read article
NC Estate Law: A Practical Guide to Wills, Probate, and Key Rules

North Carolina estate law governs how a person’s assets and debts are handled after death. It affects residents planning their own future and families navigating probate after...

Read article
Gift to Minors Act: a comprehensive guide to transfers, rules, and practical implications

The Gift to Minors Act is a uniform law that enables adults to make outright financial gifts to minors while retaining professional custodial control until the minor reaches the...

Read article
Contingent Beneficiary Designation: What It Means and Why It Matters

A contingent beneficiary designation names a person or entity that receives assets if the primary beneficiary cannot, will not, or does not survive the owner. This matters for r...

Read article
Unclaimed Funds and the Deceased: A Durable Guide to Locating, Claiming, and Disbursing Assets

When a person dies, any unclaimed funds they held become part of their estate. These funds exist in accounts, payrolls, or digital platforms that have gone dormant and are often...

Read article
Funny Last Wills: Why People Add Humor and How to Do It Right

A funny last will can lighten an inherently difficult topic while still distributing assets and naming guardians. Testators add jokes, quirky bequests, or tongue-in-cheek instru...

Read article
If an Estate Has No Money: A Clear Guide to Responsibilities, Risks, and Outcomes

When someone dies and the estate has no money, beneficiaries often wonder whether they must pay the debts, how bills get paid, and what happens to inheritances. An estate is leg...

Read article
Selling Property in an Irrevocable Trust: How It Works

An irrevocable trust transfers ownership of property out of your personal name and into the trust, which can affect how you sell it and who receives the proceeds. When you place...

Read article