
Do I need an Estate Plan?
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
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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

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

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

Will is a legal document in which a person specifies how their assets will be divided, allocated, and utilized after they pass away. Everyone living

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

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

There are many steps involved in estate planning, such as deciding the best way to dispose of your assets, such as giving them to your

Introduction The court uses state law to distribute the assets if the deceased didn’t leave a will. Having a last choice would have facilitated the

The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent

When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the

As you get older, having a secure estate plan is essential to know your property and family will be taken care of when you are

Create an inventory of what you own and what you owe. Make a detailed inventory of your assets and liabilities, including account numbers and contact

A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to 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,

A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It

Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where

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

Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second

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

It can be challenging to find the best estate planning attorney. You might even feel tempted to put off dealing with your estate plan entirely.

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

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

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

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

As a U.S. citizen, you will likely have assets you would like to safeguard if something happens to you. Estate planning attorneys can help you

For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,

A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient

An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for

Understanding probate and probate attorney A certified copy of a will bearing the seal of a court with appropriate jurisdiction is called “probate.” Together with

Introduction The attorney will handle the will, probate, and other legal issues that arise. The probate attorney will also help with administering the estate and