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
Probate Duties
FEATURES & NEWS
Estate Planning
What is the difference between a probate lawyer and a tort lawyer?
What is Probate? Probate is the complete process of managing a deceased person’s estate. After paying taxes and bills, this entails organizing their money, assets,
Estate Planning
How do trusts avoid taxes with the help of an estate planning lawyer?
A living trust is created while the founder is still alive. They can make all sorts of changes before they die. Living trusts are effective
Estate Planning
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
Estate Planning
Estate Planning Checklist: Important Guidelines & Details!
Having an estate plan is important for everyone. It doesn’t matter if you are young, or you don’t have a lot of assets because it
Estate Planning
What is a Probate Lawyer?
The probate process includes paying off the deceased’s debts and distributing the estate’s assets according to the will or state law. Probate lawyers, also referred
Estate Planning
Difference between Estate Planning Lawyer and Probate Lawyer
A probate lawyer’s job is to ensure that any property goes to its rightful heir and avoid any dispute. However, an estate planning lawyer/attorney counsels
Estate Planning
Does A Person Need a Probate Lawyer to Draft a Will if they Live in a UPC State?
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (UPC). UPC state specifically covers Trusts,
Estate Planning
What are the best skills of a probate lawyer?
The three payment options for probate attorneys: The costs will vary depending on the attorney’s experience, the standard rate in the region where the attorney
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
Who secures the probate attorney?
Are you thinking of getting into probate? First, you must think about how to go through all the procedures and who will secure a probate
Estate Planning
In estate planning attorney process who has more rights a trustee or a beneficiary?
Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing
Estate Planning
When do you need a probate lawyer?
Probate lawyer A probate lawyer is a state-approved statutory agent who advises an executor or one or more beneficiaries of a deceased property. Their responsibilities
Estate Planning
Why and how to choose an estate planning attorney
Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.
Estate Planning
What are the three ways estate planning can benefit a person
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
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
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
What is the software used by an estate planning lawyer?
Estate planning is deciding who will get your assets, estate, and personal belongings upon your death. This includes planning how much of your assets or
Estate Planning
Estate Planning for Singles: Widowed, Divorced, and Never Married!
If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.
Estate Planning
Estate Planning for Children: How to do it right?
Children are the most beautiful thing which can ever happen to a family. We all start getting worried about the future and security of our
Estate Planning
How an Estate plan can help with financial power of attorney?
Estate planning The concept of estate planning refers to ensuring that the people and organizations you wish to leave your estate to do so in
Estate Planning
Can someone hire a probate attorney if the person is living outside the state?
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.
Estate Planning
What does your estate planning lawyer need to know?
There are several questions to consider when writing a will. It would not be easy to anticipate every inquiry an estate planning lawyer needs to
Estate Planning
How does an estate planning attorney help you in creating a will?
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
Estate Planning
What are the elements of Estate Planning?
Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you
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
What are the three types of legal estate planning?
Estate planning is the preparation of an official document. It states who will handle and own an individual’s assets after death or incapacitation. It involves
Estate Planning
What are the steps for managing an estate planning
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
Estate Planning
What are the steps for managing an estate planning
Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your
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