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
As you get older, having a secure estate plan is essential to know your property and family will be taken care of when you are
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
Understanding probate and probate attorney A certified copy of a will bearing the seal of a court with appropriate jurisdiction is called “probate.” Together with
Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide
Do you want to safeguard your estate and your loved ones? Do you want to avoid a drawn-out probate process? Then you will want to
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
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
Estate planning is deciding who will get your possessions after your death. With a focus on minimizing taxes, your beneficiaries can keep more of your
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
What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to
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
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
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
There are procedures for removing or changing a trustee if you are the creator, a co-trustee, or a beneficiary of a family trust and believe
Although the beneficiary designation is a crucial step in estate planning, it is handled separately from your actual estate plan. Additionally, if the provisions in
Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing
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
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,
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
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 trust might be challenged for many of the same reasons as a will, such as a lack of testamentary ability, improper influence, or required
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
The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent
Introduction Usually, a question wanders around the mind of almost all families who recently lost their close one “Does the probate attorney or executor have
People devote their first years of employment to caring for and supporting dependents. They don’t begin to consider and plan for retirement until they are
Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure
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
Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be
Are you thinking of getting into probate? First, you must think about how to go through all the procedures and who will secure a probate
