Estate planning professionals and families face significant challenges when dividing tangible personal property—artwork, jewelry, family heirlooms, and collectibles—among multiple heirs. Traditional ...

Nuveen Real Asset Income and Growth Fund has increased its monthly distribution, putting it back above where it was early in 2023 before the cut. The fund's performance has been lackluster, but ...

Probate is a legal procedure through which a deceased individual's estate is administered and distributed. The probate process commences when the deceased individual's representative, known as the ...

John Madden would be proud. When I am explaining the difference between probate and nonprobate assets to clients and seminar attendees, I usually produce a diagram that is worthy of the most elaborate ...

A decedent's gross estate includes most assets and property they owned or had an interest in at death, used to calculate estate taxes. Some assets, however, may be excluded, affecting the estate's ...