What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent
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
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 person’s estate comprises all their belongings and assets, such as real estate, buildings, gold, stocks, mutual fund investments, life insurance policies, money, bank accounts,
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
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
An estate planning lawyer, also known as an estate planning attorney, is a certified professional lawyer. They have expertise in estate planning. These lawyers’ primary
Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the
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
Estate planning is essential to everyone. We all have to think about what will happen when we die. It is necessary to decide who will
What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public
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
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
It doesn’t matter if you are planning to get married, a newly married couple or have been married for the years you need an estate
A probate lawyer’s job is to ensure that any property goes to its rightful heir and avoid any dispute. However, an estate planning lawyer/attorney counsels
Estate planning helps in jointly owned property by ensuring a plan in place for the distribution of property in the event of death. The program
Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to
A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice
Business is one such field where the people are busy and they have literally no time for themselves. In the line of business, you think
Probate Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might
Probate is a process of dispersion of Will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s
Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial
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
Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. However, who has the right to be
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
The three payment options for probate attorneys: The costs will vary depending on the attorney’s experience, the standard rate in the region where the attorney
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
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
If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through
Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want
