
What are the types of estate planning?
A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,
Home » Blog About Estate Planning

A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,

Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. A trust involves information on how investments

Several factors affect the time the banks take to release money from a deceased person’s account after the probate. For example, suppose a report of

Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will

Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling

Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where

Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified

Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure

Introduction The court uses state law to distribute the assets if the deceased didn’t leave a will. Having a last choice would have facilitated the

A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice

The difference between a probate lawyer and a Real-Estate Lawyer can be made by thinking of it related to the before and after terms. Usually,

An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for

Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. I have

A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,

Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out

Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide

Probate lawyer A probate lawyer is a state-approved statutory agent who advises an executor or one or more beneficiaries of a deceased property. Their responsibilities

As a U.S. citizen, you will likely have assets you would like to safeguard if something happens to you. Estate planning attorneys can help you

There is no life expiration of the valid wills. But then, what happens when the probate attorney discovers the Will after the probate? Then, the

Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate

No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there

Understanding Fixed and Discretionary Trusts and the role of a probate lawyer Trust agreements provide a wide range of advantages to both the settler and

By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?

A person’s estate comprises all their belongings and assets, such as real estate, buildings, gold, stocks, mutual fund investments, life insurance policies, money, bank accounts,

As the name suggests estate planning is basically a plan to deal with your estate. Estate planning is an essential tool to manage your assets

What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

A durable power of attorney is one of the most crucial documents that every person after eighteen should consider. A power of attorney has primarily