How Do Courts Appoint Administrators?
Typically, when a will is created, an executor is appointed to oversee the affairs of the deceased. If there is no will—or if the designated executor cannot fulfill the duties when the time comes—an administrator…
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Court & Fiduciary Bonds Online, Instantly | The Partnership Account® for Attorneys
WOODCLIFF LAKE, NJ, March 2, 2021 Colonial Surety Company is excited to launch the newest addition in a growing portfolio of digital, direct-to-customer, bond, and insurance products. As an insurtech innovator, Colonial is advancing a…
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Choosing a Personal Representative: Time to Buck Tradition?
Traditionally, the oldest child is tapped as the personal representative for the estate of aging parents. Is that always best? Sometimes Traditions Get In Our Way 2020 continues to be a year of learning that…
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When There Is No Will, Probate Court Steps In
The number of Americans who do not have wills (or similar documents) has increased. Generally, when a loved dies without a will, a probate court appoints an administrator and determines the heirs. Here’s what…
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A Complete Guide to the Texas Probate Process
A person’s estate is composed of all items they owned at the time of their death. This includes life insurance policies, cash, real estate, retirement accounts, personal property, stocks and bonds. In the Lone Star…
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Texas Probate Surety Bonds
County courts in Texas require probate surety bonds when the court appoints someone to handle a deceased person’s estate or often when a will names someone as an estate executor. These bonds are required to…
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A Property Title Can Impact Whether It Goes Through Probate
How your property is owned can have a very large impact on whether it has to pass through probate in order for it to be passed down to your estate beneficiaries. If a property is…
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Naming Beneficiaries on Accounts Keeps Them out of Probate
Going through probate can be a long process. But it’s not always necessary if you properly plan ahead. For example, not all bank and retirement accounts have to go through probate. If you name a…
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Joint Tenancy Can Keep Property Out of Probate
Passing estates through the probate process can cost you and your estate a large amount in fees while causing your loved ones to have to wait until the resolution of the process to receive the…
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