Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing
Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so
After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring
Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your
Although the beneficiary designation is a crucial step in estate planning, it is handled separately from your actual estate plan. Additionally, if the provisions in
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
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
Who is a Probate Lawyer? A probate lawyer is an attorney who specializes in all facets of probate law. They will have previous expertise in
Probation can be an expensive and lengthy process. But what if you are a deceased relative and need access to the funds? The Probate Helper
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
Estate planning helps in jointly owned property by ensuring a plan in place for the distribution of property in the event of death. The program
The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A
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
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
It can be challenging to find the best estate planning attorney. You might even feel tempted to put off dealing with your estate plan entirely.
A trust might be challenged for many of the same reasons as a will, such as a lack of testamentary ability, improper influence, or required
There are five ways life insurance plays a crucial role in estate planning. With life insurance, you can ensure that your loved ones will have
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
A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice
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
When there is no trust, the probate procedure results in a court order specifying how assets will be distributed to the heirs. The family must
Suppose your estate planning attorney is preparing an estate plan for you. Then the value of your estate is probably one of the critical factors
A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get
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 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,
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
The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent
After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s
Probate Probation is known as a legal procedure. Under probate, the assets of the person who has passed away are evaluated and supervised. Along with
