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
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?
Probate is the legal process necessary to deal with one’s property, assets, money, and any other last wish after death. Executors issue the probate of
Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. I have
Estate planning lawyers, also known as estate planning attorneys, are attorneys with expertise in estate planning. They specialize in handling affairs related to probate, wills,
What is Estate planning? A person’s Estate refers to all the property or assets owned by a person. These include real Estate, cash, investments, vehicles,
What is a Probate Attorney? To get to know what a Probate attorney is, we should first understand what probate means. Probate is the legal
A living trust is created while the founder is still alive. They can make all sorts of changes before they die. Living trusts are effective
Introduction Divorce is a long and complicated process that may result in one or both spouses being left with few assets. The other spouse may
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 is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out
No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there
Introduction Disinheritance can be a hard choice. Nevertheless, this is sometimes necessary for the well-being of the estate, family members, and the disinherited. For various
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? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the
Estate planning is a good choice if you own a business and if you are worried about the future of it. A lot of people
Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to
More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed
Estate planning is a susceptible process. Even one mistake can lead all your assets to doom. That’s why there are specific guidelines for inexperienced people
Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become
A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get
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
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
The probate process covers every aspect of estate administration. It includes validating the will to settle the deceased’s estate and appointing an estate administrator. Moreover,
One of the leading estate planning strategies to secure your family’s future after your passing is to get life insurance within a trust. Your life
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
Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling
Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of
A person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many
Uniform Probate Code There is a set of probate codes of laws on all issues related to the Will and estates. The code, created to
