
Do I Need an Estate Plan?
A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the
Blog About Estate Planning

A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of

Suppose your estate planning attorney is preparing an estate plan for you. Then the value of your estate is probably one of the critical factors

When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in

Estate planning is something that is required for the safety and happiness of our family. Reports have suggested that estate planning doesn’t just secure your

Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will

When a person dies, assets must be distributed appropriately by applicable state laws and the instructions outlined in their will when alive. A probate lawyer

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

Create an inventory of what you own and what you owe. Make a detailed inventory of your assets and liabilities, including account numbers and contact

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,

It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do

A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice

What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically

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 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

The term “probate” refers to the court assessment of the copy of the Will. Moreover, it is accompanied by a grant of administration of the

A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults

As the name suggests estate planning is basically a plan to deal with your estate. Estate planning is an essential tool to manage your assets

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

An inheritance tax (IHT) is imposed on property that has been gifted or inherited. Even though IHT is charged upon death, it may also be

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

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

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

Everybody goes through a critical, highly delicate stage of life called old age, which calls for equally tender care. But, as you age, there are

You need the best team to negotiate the world of wills, trusts, and powers of attorney. After all, planning a will and an estate is

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

Most people are aware of the need to use a will to leave property to their loved ones after death. You may believe that having

Probate may be complicated, especially if the deceased had a considerable estate. When probate is over, the executor or administrator must file a final account

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

A probate legal counselor’s responsibility is to ensure that the legitimate successor gets the property. A domain is arranging legal advisor/lawyer’s direction. Moreover, apart guides