The Basics of Probate

Probate is a court-supervised legal process that recognizes a will and appoints an executor or personal representative to administer the estate and distribute the assets to the specified beneficiaries. Contrary to popular belief, the majority of probate proceedings are relatively smooth and timely, though their necessity depends on a range of factors. Probate laws vary…

The Audit Process of the I.R.S.

One of the most routine yet dreaded tax experiences is having the I.R.S. examine – aka audit – a tax return. Contrary to popular belief, the I.R.S. does this simply to verify that the reported tax is correct – it does not constitute an assumption of fraud or inaccuracy on the part of the taxpayer.…