
What Does an Estate Plan Include?
There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not
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There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not

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

Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want

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

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

Several factors affect the time the banks take to release money from a deceased person’s account after the probate. For example, suppose a report of

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

Real estate planning goes beyond making the will. Careful planning means collecting all your assets and ensuring they will transfer to the person or organization

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,

Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling

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

It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do

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

Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you

Hiring a probate attorney can be a tough decision. There are a lot of factors to take into account. The followings are some pros and

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

Understanding probate and probate attorney A certified copy of a will bearing the seal of a court with appropriate jurisdiction is called “probate.” Together with

One of the leading estate planning strategies to secure your family’s future after your passing is to get life insurance within a trust. Your life

For “small estates,” almost every state now has expedited probate procedures or a chance to avoid it entirely. These transfer processes transfer the estate to

Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant

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

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

A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

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?

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

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

Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be

As a small business owner, you have a lot of responsibilities. Your employees, your customers, and your company are just a few of the many

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 is a legal procedure of making the estate settled belonging to a deceased individual. If the individual leaves a will behind and a testament,