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Linda C. Ashar - How to Settle a Simple Estate Without a Lawyer: The Complete Guide to Wills, Probate, and Inheritance Law Explained Simply

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How to Settle a Simple Estate Without a Lawyer: The Complete Guide to Wills, Probate, and Inheritance Law Explained Simply: summary, description and annotation

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When a loved one dies, we want to know that their final wishes were carried out as they had hoped. Being entrusted to carry out these wishes is an enormous responsibility, and one you may not fully understand. The title of executor is given to those who have been named to administer a will and handle the specifics involved with settling an estate. Many times, a loved one dies before the executor has time to learn what the title entails.

If you have been charged with serving as executor to a simple estate, How to Settle a Simple Estate Without a Lawyer can bring you up-to-date quickly on everything you need to know about wills, trusts, probate, taxes, and much more. This book will help you assess whether the estate under your control can be settled without an attorney. Estates that involve guardianship of a child and complex trusts may require the assistance of a lawyer. Before paying expensive attorney fees to settle a rather straightforward estate, allow this book to explain all the basics you need to know to tackle this project on your own, saving you thousands in the process.

In this book, you will learn about identifying the different types of trusts such as charitable trusts, generation-skipping transfer trusts, living trusts, and Totten trusts as well as taking the first steps as an executor, navigating the probate process, paying the debts of an estate, and distributing bequests. This book will explain the duties you will perform as the executor, as well as how to set up a filing system for important documents involved with the estate, claim life insurance and social security benefits, read the will, manage assets and pay bills involved with the estate, and transfer property belonging to the estate. Settling a loved ones estate can be a taxing experience when also trying to cope with his or her passing. Dont worsen the experience by throwing away your hard-earned money and hiring an attorney to settle a simple estate you can feasibly handle on your own.

The companion CD-ROM is not available for download with this electronic version of the book but it may be obtained separately by contacting Atlantic Publishing Group at sales@atlantic-pub.com

Note: CD-ROM/DVD and other supplementary materials are not included.

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How to Settle a

Simple Estate

Without a Lawyer

The Complete Guide to Wills Probate and Inheritance Law Explained Simply By - photo 1

The Complete Guide to Wills, Probate, and Inheritance Law Explained Simply

By Linda C. Ashar, Attorney at Law

How to Settle a Simple Estate Without a Lawyer: The Complete Guide to Wills, Probate, and Inheritance Law Explained Simply

Copyright 2012 Atlantic Publishing Group, Inc.

1210 SW 23rd Place Ocala, Florida 34471

Phone 800-814-1132 Fax 352-622-1875

Website:

SAN Number: 268-1250

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Publisher. Requests to the Publisher for permission should be sent to Atlantic Publishing Group, Inc., 1210 SW 23rd Place, Ocala, Florida 34471

Library of Congress Cataloging-in-Publication Data

Ashar, Linda C., 1947-

How to settle a simple estate without a lawyer: the complete guide to wills, probate, and inheritance law explained simply : with companion CD-ROM / by Linda C. Ashar.

p. cm.

Includes bibliographical references and index.

ISBN 978-1-60138-614-4 (alk. paper) -- ISBN 1-60138-614-1 (alk. paper) 1. Estate planning--United States. 2. Probate law and practice--United States. 3. Wills--United States. 4. Inheritance and succession--United States. I. Title.

KF750.Z9A79 2012

332.0240160973--dc23

2012025177

LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or website is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or website may provide or recommendations it may make. Further, readers should be aware that Internet websites listed in this work may have changed or disappeared between when this work was written and when it is read.

TRADEMARK DISCLAIMER: All trademarks, trade names, or logos mentioned or used are the property of their respective owners and are used only to directly describe the products being provided. Every effort has been made to properly capitalize, punctuate, identify, and attribute trademarks and trade names to their respective owners, including the use of and wherever possible and practical. Atlantic Publishing Group, Inc. is not a partner, affiliate, or licensee with the holders of said trademarks.

A few years back we lost our beloved pet dog Bear who was not only our best - photo 2

A few years back we lost our beloved pet dog Bear, who was not only our best and dearest friend but also the Vice President of Sunshine here at Atlantic Publishing. He did not receive a salary but worked tirelessly 24 hours a day to please his parents.

Bear was a rescue dog who turned around and showered myself, my wife, Sherri, his grandparents Jean, Bob, and Nancy, and every person and animal he met (well, maybe not rabbits) with friendship and love. He made a lot of people smile every day.

We wanted you to know a portion of the profits of this book will be donated in Bears memory to local animal shelters, parks, conservation organizations, and other individuals and nonprofit organizations in need of assistance.

Douglas and Sherri Brown

PS: We have since adopted two more rescue dogs: first Scout, and the following year, Ginger. They were both mixed golden retrievers who needed a home.

Want to help animals and the world? Here are a dozen easy suggestions you and your family can implement today:

  • Adopt and rescue a pet from a local shelter.
  • Support local and no-kill animal shelters.
  • Plant a tree to honor someone you love.
  • Be a developer put up some birdhouses.
  • Buy live, potted Christmas trees and replant them.
  • Make sure you spend time with your animals each day.
  • Save natural resources by recycling and buying recycled products.
  • Drink tap water, or filter your own water at home.
  • Whenever possible, limit your use of or do not use pesticides.
  • If you eat seafood, make sustainable choices.
  • Support your local farmers market.
  • Get outside. Visit a park, volunteer, walk your dog, or ride your bike.

Five years ago, Atlantic Publishing signed the Green Press Initiative. These guidelines promote environmentally friendly practices, such as using recycled stock and vegetable-based inks, avoiding waste, choosing energy-efficient resources, and promoting a no-pulping policy. We now use 100-percent recycled stock on all our books. The results: in one year, switching to post-consumer recycled stock saved 24 mature trees, 5,000 gallons of water, the equivalent of the total energy used for one home in a year, and the equivalent of the greenhouse gases from one car driven for a year.

Dedication and Acknowledgments For my family Huge appreciation and grateful - photo 3

Dedication and Acknowledgments

For my family

Huge appreciation and grateful thanks goes to the Lorain County Probate Court of Ohio, Honorable James Walther, for having its Court forms and other estate information available on the Internet for the public and practitioners. I also appreciate and thank all the many other jurists and courts around the country, many used as reference for this book, who possess the creative foresight and dedication to make the legal process user-friendly for the public they serve. Professional legal advice is important and an attorneys representation has a place in assisting non-lawyers in court, but the process of law in our judicial system should be available to all people.

Introduction It was Benjamin Franklin who coined the well-known adage nothing - photo 4

Introduction

It was Benjamin Franklin who coined the well-known adage, nothing is certain but death and taxes. The fiduciary of a decedents estate deals with both these certainties and many other things as well.

In modern society, every person who dies leaves something to be handled by the living. In many cases, a person leaves property, personal possessions, final wishes to be resolved, and loose ends to be tied up. Some people prepare in advance and organize the process for those left behind; others do not. Regardless of the decedents forethought, it falls to someone to take charge and manage these final affairs. Depending on the specific facts and local court procedure involved, this person is known as the decedents estates personal representative, executor (man) or executrix (woman), administrator, or other similar title conferred by the probate court. The general term, applicable in all cases, is personal representative or estate representative, the terms used in this book.

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