Estate Planning
Can you empty a house before probate?
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
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Estate Planning
Is Estate Planning only for the Wealthy?
When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the
Estate Planning
What is the difference between a trust and an estate as per an estate planning lawyer?
Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial
Estate Planning
What are the four most important estate planning factors as per an estate planning lawyer?
An estate planning lawyer, also known as an estate planning attorney, is a certified professional lawyer. They have expertise in estate planning. These lawyers’ primary
Estate Planning
Who is a Probate Attorney
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.
Estate Planning
What is the purpose of the trust in estate planning?
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
When do we need a probate attorney?
Probate begins soon after you lose your loved one. It is a legal proceeding validating a Will to settle an estate. But you might find
Estate Planning
What is the role of an executor in estate planning?
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,
Estate Planning
Stepchildren and their rights for a probate
Probate is the judicial process whereby proving a will in a court of law. First, there is acceptance of the choice as a legitimate public
Estate Planning
What is trust?
In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or
Estate Planning
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
Estate Planning
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.
Estate Planning
What does estate planning include?
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
Estate Planning
What does a Probate Attorney do and how to become one?
What is a Probate Attorney? A probate lawyer is a qualified attorney who helps clients decide how to protect their assets after they pass away.
Estate Planning
What does a probate attorney do if there are multiple wills?
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
Estate Planning
Why You Need an Estate Planning Lawyer
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
Estate Planning
What does a probate attorney do when there’s no trust involved?
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
Estate Planning
What an estate planning attorney can do for you?
Life has no guarantee; no one knows what might happen the next second. It is possible that everything you have earned, saved, and worked so
Estate Planning
What are the five important estate planning documents
Estate planning is essential to everyone. We all have to think about what will happen when we die. It is necessary to decide who will
Estate Planning
Everything you need to know about probate
Probate is a process of dispersion of Will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s
Estate Planning
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
Estate Planning
How do Probate Attorneys work with beneficiaries’ rights to trust the information?
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
Estate Planning
What are the steps for managing an estate planning
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
Estate Planning
Is Probate Mandatory To Transfer Property?
If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through
Estate Planning
Difference between Estate Planning Lawyer and Probate Lawyer
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
Estate Planning
What are the five important estate planning documents
Estate planning is essential to everyone. We all have to think about what will happen when we die. It is necessary to decide who will
Estate Planning
What are the elements of Estate Planning?
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
Estate Planning
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
Estate Planning
What are the three ways estate planning can benefit a person
An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll
Estate Planning
Can estate planning lawyer help with inheritance and retirement plan?
Everybody goes through a critical, highly delicate stage of life called old age, which calls for equally tender care. But, as you age, there are