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
Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also
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
It’s a callous decision for many couples to decide how to split up the family’s finances. But it’s not always easy to leave money for
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
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
A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process
The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what
It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do
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
Probate is the judicial process whereby proving a will in a court of law. First, there is acceptance of the choice as a legitimate public
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
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 a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to
A durable power of attorney is one of the most crucial documents that every person after eighteen should consider. A power of attorney has primarily
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
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 The United States has more immigrants than any other country in the world. With more than 45 million living inside its borders. While many
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
Probate is a legal procedure of making the estate settled belonging to a deceased individual. If the individual leaves a will behind and a testament,
There are several questions to consider when writing a will. It would not be easy to anticipate every inquiry an estate planning lawyer needs to
Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be
Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.
Estate planning is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights
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
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
Becoming a qualified Probate Attorney can open a lot more opportunities for you. For example, the probate Attorney helps with estate planning after the person
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?
Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as
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
