How Probate Works. A Guide for Executors, Heirs, and Families.

How to Collect the US Account of a Deceased Foreigner

E142 How to Collect the US Account of a Deceased Foreigner


How to Collect the US Account of a Deceased Foreigner

We help a LOT of non-US heir collect their US inheritance.

So, for example

  • Aunt Barbara was a UK citizen, and lived/died in Spain
  • But she had a few US bank and brokerage accounts >$200k
  • How do Barbara’s nieces and nephews legally get their US inheritance?

In this high-level summary, we’ll describe:

  1. Step 1: Go to local probate court
  2. Step 2: Go to US probate court
  3. Step 3: Get US tax clearance

And lastly, I’ll describe a few of the seemingly simply tasks that can cause surprisingly long delays

==========

READ

Pick up my books on Amazon. Reviews always appreciated!

==========

JOIN

Sign up to my email list for book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E131 How to Avoid Family Drama When Someone Dies

E131 How to Avoid Family Drama When Someone Dies


Everyone knows death + family + money is a recipe for … drama

No one WANTS this to happen, everyone would prefer harmony.

We’ll share some insights from executor-ing for hundreds of families, and areas you should watch out for, to keep the family together.

Today we’ll cover some of the most explosive issues:

  1. Personal belongings
  2. Selling the family home
  3. Money
  4. Control and communication
  5. “Fairness”

Lastly, how getting non-family help can keep the family happy

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E129 How to Collect a Deceased Person’s Bank Account

E129 How to Collect a Deceased Person’s Bank Account


Today we’ll walk you through how to collect a deceased person’s bank account.

There are a few possible twists, turns, and surprises. So we’ll try to prep you, to make it as easy as possible for you.

Today we’ll cover:

  1. Frozen bank accounts
  2. Don’t forge!
  3. Joint accounts
  4. When you need probate

Lastly, we’ll save you some time be telling you about the next step you should prepare to collect a deceased person’s bank account

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E125 What Happens to Your Online Life When You Die

E125 What Happens to Your Online Life When You Die


How much time do you spend on social media?

Is it fair to say you spend enough time on there, post enough pics, rants, etc. to say that it’s a part of your legacy? Your time on earth?

If you agree, then you’ll probably also care about what happens to your online when you die.

 

Today we’ll cover what happens to your

  1. Social media accounts
  2. Other popular digital/online accounts
  3. Email accounts

Lastly, I explain how one of the biggest social media companies is very weird about your accounts when you die.

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E120 Who's in Charge When Someone Dies?

E120 Who’s in Charge When Someone Dies?


When someone dies, there’s a lot going on. So it’s not really one person in charge, but possibly several different folks in charge of different things. We’ll talk about all those roles, so you know what to expect and how to plan.

Today we’ll describe a few folks “in charge”:

  1. Next-of-kin
  2. Burial agent
  3. Trustee
  4. Executor
  5. Administrator
  6. The State

Lastly, I’ll the often-forgotten type person “in-charge”

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E114 Things to Do Upon the Death of a Family Member

E114 Things to Do Upon the Death of a Family Member


I understand it’s hard to get organized when someone has died. But as a professional executor for hundreds of families, I’ve seen how important it is to avoid legal, tax, and most importantly family problems.

Today we’ll cover:
6 things to do immediately
7 things to do within first week
2 things to do within month
5 things to do AFTER choose lawyer and executor

Lastly, I’ll share 3 power tips on how even following these steps may not be enough to avoid long-term problems

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E112 What Happens to Your Stocks When You Die

E112 What Happens to Your Stocks When You Die?


Stocks are your piece of the US economy, and can represent years or decades of patient compounding.

You it’s probably really important to you what happens to your hard earned investments when you pass away.

It mostly depends on how you own your stocks.

We’ll cover what happens to your stock when you die:

  1. With a trust
  2. With named beneficiaries
  3. With a will
  4. With no plan

And lastly, we’ll explain why the speed of these different choices matters so much.

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E110 What Happens to Your Debt When You Die

E110 What Happens to Your Debt When You Die?


Will you burden your kids with your debt when you die? Not a great legacy. We’ll cover all the ins and outs of debt and death.


Today we’ll cover:

    1. When heirs do NOT inherit debt
    2. Some exceptions
    3. Why debt collectors keep calling heirs

Lastly, I’ll explain how your heirs can turn the table and actually increase their inheritance.

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E107 Why Selling Artwork is Hard in Probate

E107 Why Selling Artwork is Hard in Probate


Lately, I’ve read a lot about owning artwork to diversify your assets. This may be a good idea as an investment, but as an Executor, we’ll share with you 5 reasons it’s very hard to sell or liquidate artwork, especially in probate.

And at the end, we’ll share 2 tips on how to make selling art in probate a little bit easier.

==========

READ

Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

==========

JOIN

Sign up to my email list for Free giveaways and book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

==========

E96 Probate Case Study: How Banks Will Drive You Crazy in Probate


You’ve probably heard that probate is stressful and frustrating. But how, exactly?

 

Here’s a recent example that could drive non-professional executors loco

==========

“How Probate Works” on Amazon https://amzn.to/2Eld2DF

 

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

 

All my books at https://www.amazon.com/-/e/B07KY2JDGR

 

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

==========