
Estate Planning for Singles: Widowed, Divorced, and Never Married!
If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.
Home » set up living trusts

If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.

What is trust? A trust is an estate planning tool that minimizes the estate and inheritance tax and saves your assets from probate; in a

Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant

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

Estate planning lawyers, also known as estate planning attorneys, are attorneys with expertise in estate planning. They specialize in handling affairs related to probate, wills,

Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your

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

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

What is Probate? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the

You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key

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

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,

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

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

Who is a Probate Lawyer? A probate lawyer is an attorney who specializes in all facets of probate law. They will have previous expertise in

Rarely, but occasionally, it may be permissible to leave some of your assets to your children. So, how can one give an inheritance while they

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

What to ask a probate lawyer before choosing them? Selecting a probate lawyer can be a difficult task. The roles and responsibilities of the lawyer

Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial

Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of

The term ‘estate’ accounts for an individual’s personal and financial belongings. Moreover, they ensure that everything happens as they wish in a legal and structurally

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

Is it trustable to supersede a will? What assistance can an estate planning lawyer provide you with that? As part of estate planning, many people

Probate is the judicial process whereby one proves a will in a court of law and accepts it as a valid public document. A probate

One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,

Estate planning is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging

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

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of