Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.
Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out
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
A Probate lawyer concentrates on wills, trusts, and estate planning, although they have vastly different areas of knowledge. Transactional lawyers take care of legal formalities
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
Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.
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
No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there
Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. I have
You should think carefully about who will get your assets or the payment from your life insurance policy, as beneficiary designations cannot change or be
Probation can be an expensive and lengthy process. But what if you are a deceased relative and need access to the funds? The Probate Helper
As you age, it’s important to have a strong estate plan to feel secure, knowing that your belongings and family will be cared for after
Probate lawyer A probate lawyer is a state-approved statutory agent who advises an executor or one or more beneficiaries of a deceased property. Their responsibilities
Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by
What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both
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
Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want
Introduction Divorce is a long and complicated process that may result in one or both spouses being left with few assets. The other spouse may
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
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
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
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
Probate is the judicial process whereby there is proof of a will in a court of law, and there is acceptance. The probate makes a
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,
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
Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want
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
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
Probate Attorney & Approving Holographic Wills Probate is the Court that manages the dissemination of a departed individual’s property after passing. The probate court then
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
