Mazurek, Belden & Burke, P.C. – Blog

When someone passes away, their estate doesn’t automatically transfer to their heirs. In most cases, probate is required to validate the will, appoint an executor, and distribute assets. But what happens if probate isn’t filed? Who manages the estate? Can heirs still...

What happens if you’re unable to manage your finances or make critical healthcare decisions due to illness or incapacity? What happens if you are traveling abroad and need someone to handle a property sale on your behalf? These are just a few situations where a Power...

Having control of your life decisions is crucial, especially when you are at a high mortality risk and want to communicate your choices. Without it, you are at risk of receiving futile medical treatment, hefty bills, and law enforcement involvement. This often leads...

Securing your financial future and ensuring your wishes are honored begins with selecting the right trust. Whether you're looking to pass wealth to future generations without lengthy probate or support a loved one with special needs, the variety of trusts available...

If you are about to draft a will, have you considered the consequences of getting it wrong? An improperly prepared will create significant challenges, ranging from legal disputes to emotional and financial strain for your family. Without careful attention to detail,...

As per a report by the International Association for Contract and Commercial Management, 92% of organizations believe that improving contract management would reduce risk and improve compliance within their businesses.   Well, there is no doubt in the fact that...

Estate planning after divorce involves re-examining your inheritance to ensure it aligns with your current status. Whether it's settling estate taxes and debt, reconsidering the guardian for minor children, constructing a will, setting up trusts, or more, it ensures...

Probate is the legal process of settling an estate and passing the descendant's assets to its rightful heir. Every year, a huge number of people who have lost their loved ones go through the process of probate. However, there are so many facts about probate duration...

Starting a Limited Liability Company involves several decisions and complexities. A key question for many entrepreneurs is whether an LLC needs a board of directors. Unlike corporations, which must have a board to oversee management and major decisions, LLCs offer...

The process of probate is quite complex and includes familiarity with various legal terminologies, deadlines, the filing process, and much more. While navigating such a procedure, especially for the first time, the probability of errors is obvious. In addition, even a...