
Do I need an Estate Plan?
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
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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 attorneys are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal and

Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds

Understanding the probate lawyer: A probate lawyer is a state-licensed attorney who works with the executors and the beneficiaries of an estate to settle the

Estate attorneys and probate lawyers assist non-lawyer clients in carrying out their duties as executors, personal representatives, or administrators of estates. As they navigate the

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

What does ‘to probate’ mean? The conceding of probate is the most vital phase in the lawful course of overseeing the home of a departed

The majority of people avoid talking about estate planning. After all, it can be unsettling to consider your mortality and what you want to happen

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

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

Meaning of probate How does probate work? Probate is the examination and moves organization of domain resources recently possessed by a departed individual. At the

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

The real estate planning process often goes without dispute. However, if the trustee’s plans or actions conflict with the testator’s intentions or the beneficiary’s expectations,

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

What to ask a probate lawyer before choosing them? Selecting a probate lawyer can be a difficult task. The roles and responsibilities of the lawyer

What is estate planning? Estate planning is creating a plan to distribute assets after a person’s death. The estate planning attorney can help you with

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

Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling

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

The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what

Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so

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

Creating an estate plan entails deciding who will ultimately inherit your assets. If you cannot manage your affairs independently, it also specifies how you would

What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set

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

One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,

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

It is certainly very hard to contemplate your very mortality and we completely understand it. But then there are some people who ensure that their

An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for