
How much money do you legally give as a gift to family members as per an estate planning 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
Estate Planning for singles
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
A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It
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 judicial process whereby the court proves the will. The court accepts the legitimate public document that’s true to the last testament of
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
Having an estate plan is important for everyone. It doesn’t matter if you are young, or you don’t have a lot of assets because it
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
A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you
Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you
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
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
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
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 Disinheritance can be a hard choice. Nevertheless, this is sometimes necessary for the well-being of the estate, family members, and the disinherited. For various
An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll
Estate Planning is planning for the future today. It is your ability to take control of future decisions and empower others to assist you with
A Short Introduction About Probate The Indian Succession Act of 1925 gives probate. Probate is the copy of the Will certified by the court’s seal.
The majority of estate planning errors typically fit into one of several categories. Every estate plan has different aspects, but the same issues and mistakes
Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries
An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,
Does one have to pay taxes if they receive an inheritance, as per an estate planning lawyer? Beneficiaries may be subject to inheritance taxes; most
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
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
From identifying the assets of the estate and beneficiaries to disbursing the identified assets and inheritances, probate lawyers ensure that everything functions explicitly as per
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
Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where
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
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
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
A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,