
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
Home » Estate Planning » Page 10

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

What probate is: Probate is a legal procedure to validate a will. The general administration of a decedent’s estate or the estate of a decedent

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

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

Establishing who will receive your assets in the event of your death or incapacitation is the process of estate planning then in what ways an

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of

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

A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to wills

Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal and

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

Estate planning is not just for Wealth. Even though we usually associate the word “estate” with the extremely wealthy. Everyone can gain from having an

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. So,

You should think carefully about who will get your assets or the payment from your life insurance policy, as beneficiary designations cannot change or be

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.

What is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to

Do you want to know the function of a probate lawyer when there is a will? Assisting with bill and debt payments determining whether or

Will is a legal document in which a person specifies how their assets will be divided, allocated, and utilized after they pass away. Everyone living

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court

Introduction Inheritance may be required. As a result, most people need to consult a probate lawyer at some point. Unfortunately, this cannot be easy. After

What is estate planning? Estate planning is creating legal documents to ensure that your assets are distributed according to your wishes. Estate planning can take

Probate begins soon after you lose your loved one. However, probate is a legal proceeding that validates a will to settle an estate. So, let

Role of the Probate Attorney in a will? Will is a legal document that a person or individual drafts. To express their wishes on how

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

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

Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified

The probate process covers every aspect of estate administration. It includes validating the will to settle the deceased’s estate and appointing an estate administrator. Moreover,

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

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

Nobody enjoys contemplating their demise. There are more than enough things to be concerned about without worrying. We wouldn’t have to worry about what would

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