Estate Law
A person's estate includes everything that person owns at any given time, whether solely or jointly owned with a spouse or partner. An estate can include anything from property to patents, bank accounts, stocks, or pension plans - as well as debts from taxes, loans, and liens.
Estate Law is the body of law governing the management of personal affairs and how property is distributed in the event of incapacity or death. In some states it also includes elder law dealing with elder specific issues beyond estate planning such as long-term care and Social Security benefits.
Estate Law includes:
- Estate Planning
- Wills
- Trusts
- Probate
- Inheritance
- Living Trusts
- Living Wills
- Trust Administration
- Conservatorships
Estate Law Term of the Day
Intestacy
If this occurs the decedent has eliminated their right to determine how their assets should be distributed at the time of their death, and instead, allows the state to determine asset distribution according to state intestate laws.
Category: Estate Law
Latest Estate Law Question
Can I keep siblings from selling a house we own together?
Siblings can generally force a sell of the family home even without consensus from all siblings.
Category: Estate Law
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