Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also
FEATURES & NEWS
Estate planning is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging
What is Probate? Probate is the lawful authentication and validation of a will. Moreover, the general administration of a decedent’s estate or the estate of
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
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
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
Estate planning is deciding who will get your assets, estate, and personal belongings upon your death. This includes planning how much of your assets or
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
Probate is the judicial process whereby one proves a will in a court of law and accepts it as a valid public document. A probate
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
Making plans for one’s demise is something that nobody wants to do. However, you must make many crucial choices that you shouldn’t delegate to your
During an estate planning lawyer process can a trustee sell the property without all beneficiaries approving?
A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or
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
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
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
The much-loved Prince, a significant figure in the music industry, just passed away. The passing of this music legend highlights the need for estate preparation.
Who has the power of attorney if there is no will? How can an estate planning lawyer help a person in this case?
What happens in the absence of a will? Even if your loved one hadn’t left a will, their assets still need to pass through the