What are the four important estate planning factors?
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
Home » Will. Law
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
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
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
Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and
What is a Probate lawyer? There’s an old saying, ‘you can’t take it with you when you die.’ Therefore, someone has to be there to
Introduction Estate planning attorneys are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal
When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with 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
The majority of estate planning errors typically fit into one of several categories. Every estate plan has different aspects, but the same issues and mistakes
Introduction Imagine leaving all your wealth and money to your child or spouse and the creditors coming in and taking everything and leaving them nothing.
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
When a person dies, assets must be distributed appropriately by applicable state laws and the instructions outlined in their will when alive. A probate lawyer
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
After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring
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,
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
Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the
Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you
A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to wills
Introduction A will is an important document that designates who will be in charge of your estate and belongings in the event of your death.
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
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of
An inheritance tax (IHT) is imposed on property that has been gifted or inherited. Even though IHT is charged upon death, it may also be
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.
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
An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,
Estate planning is the preparation of an official document. It states who will handle and own an individual’s assets after death or incapacitation. It involves
Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate
Estate planning is not just for Wealth. Even though we usually associate the word “estate” with the extremely wealthy. Everyone can gain from having an
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