
What does your estate planning lawyer need to know?
There are several questions to consider when writing a will. It would not be easy to anticipate every inquiry an estate planning lawyer needs to
Home » Guardian

There are several questions to consider when writing a will. It would not be easy to anticipate every inquiry an estate planning lawyer needs to

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

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

For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,

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

Probate of Will The High court grants probate with the court seal and a copy of the Will attached. A statement of legal intent that

Estate planning ensures that the persons or entities to whom an individual desires to leave their estate do so in the manner planned. Once everything

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

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

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. However, who has the right to be

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.

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

The American Judicial System handles estate matters with the help of probate law. The probate court deals with all the legal issues concerning the assets

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

Probate begins soon after you lose your loved one. It is a legal proceeding validating a Will to settle an estate. But you might find

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

Introduction Estate planning attorneys usually oversee the creation of living trusts. A living trust is a legal document that holds a person’s assets and property

A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to wills

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

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

Integrating the financial results of multiple subsidiary companies into the total economic performance of the parent company is known as consolidation accounting. When a parent

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

Real estate planning goes beyond making the will. Careful planning means collecting all your assets and ensuring they will transfer to the person or organization

The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A

The legal document known as a will specifies what will happen to your possessions after death. If you pass away without making a will, a

A living trust is created while the founder is still alive. They can make all sorts of changes before they die. Living trusts are effective

For “small estates,” almost every state now has expedited probate procedures or a chance to avoid it entirely. These transfer processes transfer the estate to

All individuals want to pass on a little fortune to their children or other loved ones. So they endlessly keep saving to make life somewhat

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 widespread misunderstanding regarding wills, estate handling, and the probate procedure. Many individuals believe that a will must always go through the probate