
Terms to know before hiring an estate planning attorney
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
Home » Estate Planning » Page 10

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

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

Probate is the judicial process of proving a will by a court of law. Moreover, it is accepted as a legitimate public document that’s the

Understanding the benefits of seeking professional assistance when making a will or taking responsibility for managing the deceased’s property is essential. Hiring a probate lawyer

A person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many

Family, friends, and loved ones go through a sad and trying time when a loved one passes away. Additionally, those left behind frequently have to

As a small business owner, you have a lot of responsibilities. Your employees, your customers, and your company are just a few of the many

Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant

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

No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there

It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do

There is a widespread misunderstanding regarding wills, estate handling, and the probate procedure. Many individuals believe that a will must always go through the probate

Probate is the judicial process whereby there is proof of a will in a court of law, and there is acceptance. The probate makes a

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

The formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the

Being parents has always been a tough job. Taking care of your children and making sure that they are safe, has always been the primary

What is a revocable trust? Forming trust is a straightforward process. First, you must set specific goals and meet your intended needs with the help

You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key

What probate is: Probate is a legal procedure to validate a will. The general administration of a decedent’s estate or the estate of a decedent

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

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

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

Introduction Inheritance may be required. As a result, most people need to consult a probate lawyer at some point. Unfortunately, this cannot be easy. After

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

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.

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

When there is no trust, the probate procedure results in a court order specifying how assets will be distributed to the heirs. The family must

What is Estate planning? A person’s Estate refers to all the property or assets owned by a person. These include real Estate, cash, investments, vehicles,

If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.

Introduction The attorney will handle the will, probate, and other legal issues that arise. The probate attorney will also help with administering the estate and