Estate Planning
What are the pitfalls of DIY probate?
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,
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Estate Planning
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
Estate Planning
State the basics of estate planning
Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify
Estate Planning
What is the difference between a trust and an estate as per an estate planning lawyer?
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
Estate Planning
Can a bank release funds without probate?
Before diving deep into whether a bank can release funds without Probate, we first need to understand what Probate is. What is Probate? Probate is
Estate Planning
Estate Planning for a Married Couple: How to do it?
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
Everything you need to know about probate
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 Planning
Who processes probate?
Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the
Estate Planning
What is the probate of a will?
Probate of Will The High court grants probate with the court seal and a copy of the Will attached. A statement of legal intent that
Estate Planning
What are the three types of legal estate planning?
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
Estate Planning
What happens if you don’t apply for probate?
When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there
Estate Planning
Things a person should know while opting for estate planning?
Real estate planning goes beyond making the will. Careful planning means collecting all your assets and ensuring they will transfer to the person or organization
Estate Planning
What is the seven year rule in inheritance tax in estate planning attorney?
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
Estate Planning
Who Secures a Probate Lawyer?
Who is a Probate Lawyer? After someone passes away, their will, assets, and possessions must go through the legal procedure known as probate. The specialist
Estate Planning
Probate: Inventory Assets and other items
The legal procedure that follows a decedent’s death is referred to as probate. It establishes the distribution of the decedent’s estate. However, the probate inventory
Estate Planning
What do you look for while choosing an estate planning attorney?
Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual
Estate Planning
Are long-term care facilities provided by estate planning lawyers?
As you get older, there’s a considerable possibility you’ll need long-term care facilities that estate lawyers provide. According to the Department of Health and Human
Estate Planning
How does a probate lawyer deal with someone’s will when they die?
From identifying the assets of the estate and beneficiaries to disbursing the identified assets and inheritances, probate lawyers ensure that everything functions explicitly as per
Estate Planning
What does a probate attorney do when a will and a trust are involved?
Probate begins soon after you lose your loved one. However, probate is a legal proceeding that validates a will to settle an estate. So, let
Estate Planning
Give an example of an adverse consequence that can result from the lack of estate planning
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.
Estate Planning
Who is an Estate Planning Lawyer?
By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?
Estate Planning
Does the probate attorney have the final say in probate?
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
Estate Planning
How much does a probate lawyer cost
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 Planning
What does a probate attorney do when there’s no trust involved?
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
Estate Planning
How does life insurance play a key role in estate planning?
There are five ways life insurance plays a crucial role in estate planning. With life insurance, you can ensure that your loved ones will have
Estate Planning
What happens to property when there is no will as per the estate planning attorney?
A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,
Estate Planning
Apart from Will, What other duties do a probate lawyer function?
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
Estate Planning
Different roles and responsibilities of estate planning
Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should
Estate Planning
Estate Planning for Children: How to do it right?
Children are the most beautiful thing which can ever happen to a family. We all start getting worried about the future and security of our
Estate Planning
Primary goals for estate planning attorneys?
Everyone has distinct intentions when they plan their estate. While some prefer to spend their last dollar on their final day, others prefer to live
