Introduction Imagine leaving all your wealth and money to your child or spouse and the creditors coming in and taking everything and leaving them nothing.
Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,
Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries
From identifying the assets of the estate and beneficiaries to disbursing the identified assets and inheritances, probate lawyers ensure that everything functions explicitly as per
What is Estate planning? A person’s Estate refers to all the property or assets owned by a person. These include real Estate, cash, investments, vehicles,
Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which
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
Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance
Many spend more time planning vacations, choosing a car, and choosing a place to have dinner than planning property. After death, decide who inherits the
A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,
The real estate planning process often goes without dispute. However, if the trustee’s plans or actions conflict with the testator’s intentions or the beneficiary’s expectations,
A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get
Probate Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might
A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or
Estate planning is essential to everyone. We all have to think about what will happen when we die. It is necessary to decide who will
Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure
Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also
Introduction An estate planning attorney is a lawyer who practices in all areas of estate planning—their ability to craft thorough estate plans that will best
Although the beneficiary designation is a crucial step in estate planning, it is handled separately from your actual estate plan. Additionally, if the provisions in
Introduction Usually, a question wanders around the mind of almost all families who recently lost their close one “Does the probate attorney or executor have
What is an estate planning attorney? Estate planning lawyers, also known as estate law lawyers or probate lawyers, are skilled and qualified legal experts with
A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you
Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be
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
If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through
Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after
What is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to
Most people are aware of the need to use a will to leave property to their loved ones after death. You may believe that having
Estate planning is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights
