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
One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the
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
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
When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in
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
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
A probate legal counselor’s responsibility is to ensure that the legitimate successor gets the property. A domain is arranging legal advisor/lawyer’s direction. Moreover, apart guides
A Probate lawyer concentrates on wills, trusts, and estate planning, although they have vastly different areas of knowledge. Transactional lawyers take care of legal formalities
Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well
Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance
What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both
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
A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,
Many spend more time planning vacations, choosing a car, and choosing a place to have dinner than planning property. After death, decide who inherits the
There are procedures for removing or changing a trustee if you are the creator, a co-trustee, or a beneficiary of a family trust and believe
Introduction An estate planning attorney is a lawyer who practices in all areas of estate planning—their ability to craft thorough estate plans that will best
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
Probate is the judicial process whereby one proves a will in a court of law and accepts it as a valid public document. A probate
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
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
What is Probate Probation is both legal as well as a financial process. This probation process occurs when someone dies and leaves their asset and
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
Probation can be an expensive and lengthy process. But what if you are a deceased relative and need access to the funds? The Probate Helper
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
There are several advantages that including a trust in your estate plan can offer you and your loved ones, whether you’re wanting to avoid probate,
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
Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure
Estate planning The concept of estate planning refers to ensuring that the people and organizations you wish to leave your estate to do so in
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
