Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds
Think about how helpless it would feel to be unable to make your own decisions, especially if you didn’t prepare for the worst-case scenario. In
Hiring a probate attorney can be a tough decision. There are a lot of factors to take into account. The followings are some pros and
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
The probate process Probate is the procedure where the probate court authorizes the estate representative to speak and act on behalf of the estate. This
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
More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed
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
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,
Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public
Estate attorneys and probate lawyers assist non-lawyer clients in carrying out their duties as executors, personal representatives, or administrators of estates. As they navigate the
Business is one such field where the people are busy and they have literally no time for themselves. In the line of business, you think
When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the
When a person inherits any estate from his parents after the death of his parents, then that estate inherited by the person could be subjected
What is a Probate lawyer? There’s an old saying, ‘you can’t take it with you when you die.’ Therefore, someone has to be there to
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
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
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of
What is a Probate Attorney? Probate is administering a decedent’s estate according to their will or under state guidelines. A probate lawyer is a state-approved
What is Probate Probation is both legal as well as a financial process. This probation process occurs when someone dies and leaves their asset and
What is a Probate Lawyer? An estate lawyer, often known as a probate lawyer, will be involved in various ways depending on the specifics of
Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify
A will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a
What is Probate? It is the examination and transfer of an estate’s assets that belonged to a deceased person in the past. A probate court
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
Probate is the legal process necessary to deal with one’s property, assets, money, and any other last wish after death. Executors issue the probate of
Meaning of probate How does probate work? Probate is the examination and moves organization of domain resources recently possessed by a departed individual. At 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,
One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the
Do you want to know the function of a probate lawyer when there is a will? Assisting with bill and debt payments determining whether or
