What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of
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
Introduction Estate planning attorneys are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal
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
Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the
When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend
Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become
Creating an estate plan entails deciding who will ultimately inherit your assets. If you cannot manage your affairs independently, it also specifies how you would
Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure
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
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
We all know that Covid-19 has created a lot of problems in a lot of people’s lives. Even basic tasks like shopping for groceries have
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
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of
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
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
Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate
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
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
Probate is a legal process that serves to verify that the deceased owned the mentioned assets in the probate. It is a process that includes
Role of the Probate Attorney in a will? Will is a legal document that a person or individual drafts. To express their wishes on how
The eastern end of New York State, Long Island, shares its borders with the Atlantic Ocean. The Long Island probate law is not in contrast
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
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
An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,
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
A Short Introduction About Probate The Indian Succession Act of 1925 gives probate. Probate is the copy of the Will certified by the court’s seal.
All individuals want to pass on a little fortune to their children or other loved ones. So they endlessly keep saving to make life somewhat
Saving money in a probate case and estate planning is essential when you don’t have too much to spend. You must be aware of all
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,
