
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
Home » Estate Planning » Page 5

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 Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial

When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.

A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice

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

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

For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,

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

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

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

Making plans for one’s demise is something that nobody wants to do. However, you must make many crucial choices that you shouldn’t delegate to your

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. A trust involves information on how investments

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

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

Probate has always been considered a nerve-racking process that takes time and effort and costs a lot. That’s why many people are afraid of probate

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

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

When there is no trust, the probate procedure results in a court order specifying how assets will be distributed to the heirs. The family must

A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to wills

More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed

What is Probate? A person expresses his desire to share their property with loved ones through a will. A probate is a court procedure to

Suppose your estate planning attorney is preparing an estate plan for you. Then the value of your estate is probably one of the critical factors

A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient

A trust is a great estate planning choice if you want legal protection for your assets. It guarantees that the will distributes assets, saves time,

What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent

It is certainly very hard to contemplate your very mortality and we completely understand it. But then there are some people who ensure that their

Introduction The attorney will handle the will, probate, and other legal issues that arise. The probate attorney will also help with administering the estate and

One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,

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

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