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Do I need an Estate Plan?
A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults
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
How much does estate planning cost?
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
How does a probate lawyer deal with someone’s will when they die?
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
Are long-term care facilities provided by estate planning lawyers?
As you get older, there’s a considerable possibility you’ll need long-term care facilities that estate lawyers provide. According to the Department of Health and Human
Who processes probate?
Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the
What are the technical terms one should know while opting for estate planning?
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
Essential documents required before hiring an estate planning lawyer
Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning. They have a clear and thorough understanding of federal and
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
What are the duties of a probate lawyer?
Probate Lawyers Probate attorneys, often known as estate attorneys, assist non-lawyer clients in carrying out their responsibilities as estate administrators, personal representatives, or executors. Moreover,
Is a probate lawyer the same as an estate attorney?
What is Probate? Probate is the lawful authentication and validation of a will. Moreover, the general administration of a decedent’s estate or the estate of
How Estate attorney establish medical power of attorney
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
Estate planning lawyer
Estate planning lawyers, also known as estate planning attorneys, are attorneys with expertise in estate planning. They specialize in handling affairs related to probate, wills,
What happens if you don’t apply for probate?
When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there
What else does a Probate Attorney do besides Estate planning?
What is a Probate Attorney? To get to know what a Probate attorney is, we should first understand what probate means. Probate is the legal
Do trust beneficiaries pay taxes? What role does an estate planning lawyer play here?
Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as
Who is an Estate Planning Lawyer?
By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?
Does divorce affect inheritance happen without a probate attorney?
Introduction Divorce is a long and complicated process that may result in one or both spouses being left with few assets. The other spouse may
How does a probate attorney work for probate if you are a trustee
Probate may be complicated, especially if the deceased had a considerable estate. When probate is over, the executor or administrator must file a final account
Estate Planning for Business: Why it is Important?
Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to
What Are The Steps Involved In The Probate Process?
Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second
How to probate a will?
The term “probate” refers to the court assessment of the copy of the Will. Moreover, it is accompanied by a grant of administration of the
How does a Probate Attorney help in preparing a valid Will?
Introduction A will is an important document that designates who will be in charge of your estate and belongings in the event of your death.
Is Probate Required if There is a Will?
Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and
How can you assign a health care proxy in Estate planning?
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
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.
Can a probate attorney override a beneficiary?
Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the
State the process of estate planning attorney
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
How to avoid a Probate Attorney?
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