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
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
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.
When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.
After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s
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
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
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
Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing
Each state has laws governed by procedures for creating, canceling, and providing the last wills and testaments. A testator, who creates a choice, typically has
Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which
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
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
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
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 is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to
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
What is Estate Planning? Estate planning isn’t just for the wealthy and well-known. You still need a plan, even if you don’t have a six-figure
When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s
Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after
Meaning of probate How does probate work? Probate is the examination and moves organization of domain resources recently possessed by a departed individual. At the
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
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
Estate planning can be tricky, but we believe that with the guidance of an experienced estate planning lawyer it can be simplified. We provide free
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
The security of both assets or property and your family is essential. This estate plan can help you with a smooth estate plan. So, let
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
Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by
What is a Probate Attorney? A probate lawyer is a qualified attorney who helps clients decide how to protect their assets after they pass away.
What is Probate? Probate is the complete process of managing a deceased person’s estate. After paying taxes and bills, this entails organizing their money, assets,
