
What are the elements of Estate Planning?
Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you

Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you

Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the

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?

In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or

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

Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second

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

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

Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing

When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend

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

The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what

When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s

Introduction Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about

Probate is the judicial process of proving a will by a court of law. Moreover, it is accepted as a legitimate public document that’s the

The goal of an estate planning attorney is to develop a personalized strategy that will enable you to efficiently pass your assets, including money and

What is probate? Probate indicates that there is a court proceeding involving: In a probate case, the court appoints an executor (if there is a

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

Family, friends, and loved ones go through a sad and trying time when a loved one passes away. Additionally, those left behind frequently have to

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

Myth No. 1: Probate Is ALWAYS Required for a Will. No, not all wills require a probate process. There are several exceptions to what must

Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so

The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent

In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written

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

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

When there is no trust, the probate procedure results in a court order specifying how assets will be distributed to the heirs. The family must

An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll

Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal and

What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent