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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

Stepchildren and their rights for a probate

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

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

Things a person should know while opting for estate planning?

Real estate planning goes beyond making the will. Careful planning means collecting all your assets and ensuring they will transfer to the person or organization

Estate Planning

In estate planning attorney, is it a good idea to put your house in a will?

The goal of an estate planning attorney is to develop a personalized strategy that will enable you to efficiently pass your assets, including money and

Estate Planning

Is Estate Planning only for the Wealthy?

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

Estate Planning

Various Powers of Estate Planning Attorney?

Giving someone power of attorney enables them to make decisions on your behalf. These choices may be judicial, fiscal, or medical. There are numerous types

Estate Planning

What does estate planning include?

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

Estate Planning

How can a beneficiary remove a trustee with the help of an Estate Planning Lawyer?

There are procedures for removing or changing a trustee if you are the creator, a co-trustee, or a beneficiary of a family trust and believe

Estate Planning

When does a probate apply?

What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public

Estate Planning

What does a Probate Attorney do if assets are found after Probate?

Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

Estate Planning

Explain types of wills in estate planning?

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

Estate Planning

An estate planning attorney helps to create a living trust

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

Estate Planning

When Is Probate Estate Administration not necessary?

When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in

Estate Planning

What do you understand by the term ‘estate planning?

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

Estate Planning

Probate: Inventory Assets and other items

The legal procedure that follows a decedent’s death is referred to as probate. It establishes the distribution of the decedent’s estate. However, the probate inventory

Estate Planning

Does divorce affect inheritance happen without a probate attorney?

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

Estate Planning

When is Probate Necessary in New York?

One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the

Estate Planning

Does an Estate Planning Lawyer help achieve financial goals?

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

Estate Planning

How does a probate lawyer deal with someone’s will when they die?

From identifying the assets of the estate and beneficiaries to disbursing the identified assets and inheritances, probate lawyers ensure that everything functions explicitly as per

Estate Planning

What are the three types of trust by an estate planning lawyer?

There are several advantages that including a trust in your estate plan can offer you and your loved ones, whether you’re wanting to avoid probate,

Estate Planning

What questions to be asked before hiring a Probate Attorney

A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process

Estate Planning

As per an estate planning lawyer who has more rights a trustee or a beneficiary?

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

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

When do I need a probate lawyer?

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

Under which law code probate is filed

Family, friends, and loved ones go through a sad and trying time when a loved one passes away. Additionally, those left behind frequently have to

Estate Planning

What questions do you ask from an estate planning lawyer?

Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal and