Most people like to start with considering friends and family members as trustees. They are going to be most familiar with you and your family, and they will understand your family’s dynamics. In addition, family members often do not charge
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Iowa Inheritance Tax – A Thing of the Past in the Future?
Will Contests in Iowa Before Death? Nope.
Check out my post on the pre-mortem will contest on the Probate-Iowa blog. Too tired to click and just want the short answer? Can’t do it in Iowa. Have to wait until the person dies before you challenge the will.
Will Contest Before Death? Not in Iowa.
The Iowa Supreme Court recently dealt with the question of a “pre-mortem” will contest. Will contests are typically filed after the person (testator) has died. For example, typical will challenges are based on lack of testamentary capacity or undue influence,…
Selling Real Estate During Probate
When I’m discussing the probate process with a client, the discussion will get to a point where we talk about how the process may take a year or so before it is completed. And then I get the question:
Do Assets with Beneficiaries Go Through Probate?
That’s a common question I get. Here’s the example: we are handling the probate estate for a deceased individual and we are discussing the assets: house, bank account, CD, car, etc. Then we also inquire about retirement accounts (IRA or…
New Law for Iowa Small Estates Starting July 1, 2020
For deaths of Iowa residents that occur after July 1, 2020, Iowa law now permits estates up to $200,000 in total “probate” value to use Iowa’s small estate chapter (Iowa Code chapter 635). So–as I typically ask–what does…
Cheated Out of an Inheritance? Better Stay on Your Toes If You Want to File a Lawauit.
As I discuss in more detail on the post on my Iowa probate blog, a recent ruling from the Iowa Supreme Court significantly changes the time period in which to bring a lawsuit for interference with inheritance. In short:…
BIG Changes to Iowa’s Intentional Interference with Inheritance Claims
Following a ruling from the Iowa Supreme Court issued June 12, 2020 in the Estate of Youngblut, cheated heirs now need to be aware of some very short deadlines to bring a claim. BE AWARE.
Will Contests Generally
Overview of the Probate Process for an Iowa Estate
Overview of the probate process in Iowa
The post Overview of the Probate Process for an Iowa Estate appeared first on Probate in Iowa.