
What is the seven year rule in inheritance tax in estate planning attorney?
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
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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

Are you a single, and you are reaching retirement soon? Well, then this is the right time for you to do some estate planning. Estate

When a person inherits any estate from his parents after the death of his parents, then that estate inherited by the person could be subjected

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

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. So,

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?

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

What is a will? A will is a legal document that details the wishes of the deceased. It is the last will of the individual.

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

When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend

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

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

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

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

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

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 Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set

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

The probate process Probate is the procedure where the probate court authorizes the estate representative to speak and act on behalf of the estate. This

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

Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the

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

In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written

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

The legal document known as a will specifies what will happen to your possessions after death. If you pass away without making a will, a

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

Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public

If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through

Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should

Probate is the judicial process whereby the court proves the will. The court accepts the legitimate public document that’s true to the last testament of