Estate Taxes Explained by Idaho Attorney
A properly-prepared Living Trust avoids both probate & estate taxes!
Probate by Surviving Husband or Wife in Idaho?
A common misconception is that a surviving spouse in Idaho doesn’t have to go through the probate process. People think that everything somehow automatically becomes owned by the surviving spouse when his or her spouse passes away.
The truth is that such an automatic transfer doesn’t occur. The reason for that is based on the fact [...]
Leaving Child out of Will in Idaho?
Each person in Idaho gets to make the decision about to whom they will leave their possessions at death. There is no one to whom we are legally required to leave anything.
That includes our children. It even includes our spouses.
So it is perfectly legal to leave everything we own to friends, other family members, charities, [...]
Is Probate Required When Husband or Wife Dies?
A common misconception in Idaho is that no probate is required when a surviving husband or wife is left when a person dies. Unfortunately, that is not true.
The existence of a surviving husband or wife does not exempt that estate from being probated. Although this comes as a surprise to many people, there is a [...]
What Happens When There’s No Will?
Short answer: The state makes one up for you.
Idaho has a series of statutes that specify where a person’s property ends up in the event he or she passes away without a formal Last Will and Testament.
Depending upon the circumstances, property may be divided up between a surviving spouse, children, parents, brothers and sisters, grandparents, [...]
Is Probate Always Required in Idaho?
It’s a common question: Is a probate required every time someone passes away in Idaho?
The short answer? No.
Although it is permissible for an estate to be probated regardless of the value or the nature of the property left at death, Idaho law does not require it in all circumstances.
The Idaho Code requires the initiation of [...]
Including Life Insurance in Idaho Living Trust?
Make sure life insurance names trust as beneficiary!
Protecting Blended Family by Idaho Attorney
A Living Trust is the best means of protecting all of the members of your blended family!
Is my out-of-state Will or Trust valid?
Make sure the title to your new home is placed into your Living Trust!
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