
Can an executor be a beneficiary? What’s the estate planning lawyer say in it?
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
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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
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
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
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,
A trust might be challenged for many of the same reasons as a will, such as a lack of testamentary ability, improper influence, or required
Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where
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 is planning for the future today. It is your ability to take control of future decisions and empower others to assist you with
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
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
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
As you get older, having a secure estate plan is essential to know your property and family will be taken care of when you are
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,
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
Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,
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
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
The term ‘estate’ accounts for an individual’s personal and financial belongings. Moreover, they ensure that everything happens as they wish in a legal and structurally
Want to appoint someone as the executor of the estate you possess? This means you have complete trust in that individual. You make that individual
The majority of people avoid talking about estate planning. After all, it can be unsettling to consider your mortality and what you want to happen
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.
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,
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
A fiduciary is someone who agrees to act on behalf of and in favor of another. Fiduciary’s role is mainly to manage their finances. The
Suppose a person passes away leaving behind his/her last will mentioning how his/her assets will be distributed among his/her family members. The beneficiaries will not
A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,
Introduction You have an estate; did you know that? Everyone possesses one. According to the definition, an estate is everything you own, including all of
An executor who does not report theft from an estate before inventory commits theft by stealing property from it before inventory is conducted. According to
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
To understand how to avoid probate, we need to understand what probate is and the role of a probate lawyer in Kings County. Probate is