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Estate Planning

What is trust?

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

Estate Planning

Can a bank release funds without probate?

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

Estate Planning

What are the three primary goals of estate planning?

An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll

Estate Planning

What is the role of an executor in estate planning?

An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,

Estate Planning

What are the types of payments to pay a probate lawyer?

Lawyers usually use one of three methods to calculate probate jobs. Hourly, flat rate, or percentage of the value of a real estate asset. Attorneys

Estate Planning

According to an estate planning lawyer what is the most important thing to put in a will?

A will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a

Estate Planning

Is Estate Planning Only For the Wealthy?

Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the

Estate Planning

What are the responsibilities of a probate attorney?

Introduction The term Probate Attorney refers to a probate lawyer. They help non-legal counselor clients to satisfy their responsibility as administrators, individual representatives, or executors

Estate Planning

What are the technical terms one should know while opting for estate planning?

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of

Estate Planning

Why does Probate Lawyer cost vary from state to state?

Probate lawyer costs- The probate lawyer is licensed and specialized in probate matters. The probate lawyer fees are also estate lawyer fees. One pays these

Estate Planning

Probate with no Estate Tax

Probate Probation is known as a legal procedure. Under probate, the assets of the person who has passed away are evaluated and supervised. Along with

Estate Planning

Can someone sell a car before probate is granted?

What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to

Estate Planning

What are the estate planning essentials?

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

Estate Planning

What happens if assets are found after probate?

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

Estate Planning

Are probate attorneys necessary?

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

Estate Planning

Do you need an estate planning attorney?

Estate Planning Attorney Estate planning attorneys are experts in federal and state laws about estates, trusts, and probate. They assist you in determining how to

Estate Planning

What are the types of estate planning?

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,

Estate Planning

Why do you need a Probate Lawyer?

Probate Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might

Estate Planning

When does a person require estate planning?

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

Estate Planning

What is the purpose of the trust in estate planning?

What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to

Estate Planning

Small Estate and their process of Probate

For “small estates,” almost every state now has expedited probate procedures or a chance to avoid it entirely. These transfer processes transfer the estate to

Estate Planning

Pros & Cons of Revocable Trust

Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so

Estate Planning

How does a probate attorney work in different states?

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court

Estate Planning

When should you start estate planning?

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

Does one have to pay taxes if they receive inheritance? What does an estate planning lawyer suggest you in this?

Does one have to pay taxes if they receive an inheritance, as per an estate planning lawyer? Beneficiaries may be subject to inheritance taxes; most

Estate Planning

Estate Planning for Business: Why it is Important?

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

Estate Planning

Seven Reasons to Hire a Probate Lawyer

Individuals or families who find something troubling them in any legal situation experience very stressful situations in life. During these challenging times, a probate lawyer