
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
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
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
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
When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.
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
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
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
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
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
What is Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,
Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out
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
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
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 Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It
Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after
A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you
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
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
As a U.S. citizen, you will likely have assets you would like to safeguard if something happens to you. Estate planning attorneys can help you
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
What is Estate planning? A person’s Estate refers to all the property or assets owned by a person. These include real Estate, cash, investments, vehicles,
What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public
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
Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.
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
Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and
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
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
Are you a single, and you are reaching retirement soon? Well, then this is the right time for you to do some estate planning. Estate