Many people have heard they should avoid probate, but few understand what probate is and how the process works. Probate FeesBoth the lawyer and the executor are entitled to fees from an estate. In addition, there will be court costs, appraiser’s fees, and may be other expenses.– Nolo What Is Probate? Probate is the legal process…

Most closely held business owners want to know the value of their investments, especially if they are going to sell or gift shares to family members or charities. Valuing a private business is a complex undertaking, however. The only sure way to appraise a business interest is to hire a valuation professional who understands the current marketplace and the…

Legal precedent related to business appraisals and the use of expert witnesses in divorce tends to vary from state to state. But it’s important to monitor case law across the country for emerging trends, especially if you encounter a case that involves a financial issue that hasn’t been addressed by courts in your jurisdiction. Here, we…