We all worry, or we should worry, about what will happen to all of our bills if we become incapacitated, even for a short period of time. What if you are in an accident and are in a coma, even in a medically induced coma, for several weeks? How do your weekly or monthly bills … Read more
Category: Estate Planning
Effective October 1, 2012, if the gross value of all of a decedent’s property is $50,000.00 or less, the estate can be administered as a Small Estate. This new law raises the eligibility threshold for a small estate from $30,000.00 to $50,000.00.