What are the four important estate planning factors?
You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key
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You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key
Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified
When a person inherits any estate from his parents after the death of his parents, then that estate inherited by the person could be subjected
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A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It
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
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
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
What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically
Introduction Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about
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
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
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
A person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many
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.
What probate is: Probate is a legal procedure to validate a will. The general administration of a decedent’s estate or the estate of a decedent
Estate planning is something that is required for the safety and happiness of our family. Reports have suggested that estate planning doesn’t just secure your
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
Introduction The profound sense of loss of the loved one can be overwhelming. Therefore, when a family member dies, it is advisable to step back
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
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,
A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or
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
Everyone has distinct intentions when they plan their estate. While some prefer to spend their last dollar on their final day, others prefer to live
State the types of power of attorney that an estate planning lawyer process The five types of power of attorney and estate lawyer processes listed
Introduction: The probate litigation procedure offers information, counsel, and legal representation when contesting a will or trust. For example, contesting a will or trust that
Nobody in this world can avoid death. When the person dies, the distribution of the deceased person’s assets takes place through the probate court. Therefore,
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
Have you ever wondered what will happen to your assets after you are gone? The distribution of your assets will take place through the probate