
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
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
Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds
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
Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after
Estate planning is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging
Introduction Imagine leaving all your wealth and money to your child or spouse and the creditors coming in and taking everything and leaving them nothing.
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
What is Estate Planning? Estate planning isn’t just for the wealthy and well-known. You still need a plan, even if you don’t have a six-figure
Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of
Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well
Introduction Inheritance may be required. As a result, most people need to consult a probate lawyer at some point. Unfortunately, this cannot be easy. After
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
The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A
As a small business owner, you have a lot of responsibilities. Your employees, your customers, and your company are just a few of the many
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
What is estate planning? Estate planning is creating legal documents to ensure that your assets are distributed according to your wishes. Estate planning can take
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
There is no life expiration of the valid wills. But then, what happens when the probate attorney discovers the Will after the probate? Then, the
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,
Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.
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
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
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
Being parents has always been a tough job. Taking care of your children and making sure that they are safe, has always been the primary
The real estate planning process often goes without dispute. However, if the trustee’s plans or actions conflict with the testator’s intentions or the beneficiary’s expectations,
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
Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and
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
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