
What Does an Estate Plan Include?
There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not
There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not
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
When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.
When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there
After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s
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
Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to
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
A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient
Introduction The profound sense of loss of the loved one can be overwhelming. Therefore, when a family member dies, it is advisable to step back
Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and
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
Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and
Introduction You have an estate; did you know that? Everyone possesses one. According to the definition, an estate is everything you own, including all of
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
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
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
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,
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
What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public
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
It’s a callous decision for many couples to decide how to split up the family’s finances. But it’s not always easy to leave money for
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
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
Probate is the judicial process whereby the court proves the will. The court accepts the legitimate public document that’s true to the last testament of
Children are the most beautiful thing which can ever happen to a family. We all start getting worried about the future and security of our
A trust is a great estate planning choice if you want legal protection for your assets. It guarantees that the will distributes assets, saves time,
Individuals or families who find something troubling them in any legal situation experience very stressful situations in life. During these challenging times, a probate lawyer
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,
One of the leading estate planning strategies to secure your family’s future after your passing is to get life insurance within a trust. Your life