What are the gift tax rules and how do they relate to estate planning

Do I need to go through Probate? · The need for probate is determined by the kind of assets the person owned when they died, not whether they had a Will. The ... To begin the process, an Application for Probate will need to be filed in a Texas Probate Court. Generally, you have four years from the date of death to the ... There are a number of different proceedings which may be filed in the Probate Court following the death of a Georgia resident or a nonresident who owned ... May 22, 2015 ... When someone dies intestate, the probate court will appoint an administrator of the estate. ... decedent's assets may be non-probate assets. Nov 27, 2023 ... If you find a will and someone else is named the personal representative, the will should be given to that individual to admit to probate. If ... If no will exists, the property is divided according to Connecticut law. The Probate Courts ensure that any debt owed by the deceased person, funeral expenses ... ... estate in which there has been a prior appointment, may be commenced more than ten years after the decedent's death. (2) Notwithstanding any other provision ... Probate deals with transferring the property of someone who has died (decedent) ... estate of the decedent may be administered. Most commonly, this will be ... Is Probate Necessary? Generally, probate assets are those which are solely owned by the deceased and do not have a beneficiary designation to allow them to ... Whether an estate has to be probated depends on how the decedent's (the person who has died) property is titled (owned) when they die. Some property may not be ...