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Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate
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Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate

What is Probate? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the

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

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

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

Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries

Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify

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

Introduction The court uses state law to distribute the assets if the deceased didn’t leave a will. Having a last choice would have facilitated the

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

Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should

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

Probate is the judicial process whereby there is proof of a will in a court of law, and there is acceptance. The probate makes a

Elder estate planning ensures that senior citizens have long, healthy, and secure lives. Typically, it entails planning for future medical requirements, including long-term care. A

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

What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically

Becoming a qualified Probate Attorney can open a lot more opportunities for you. For example, the probate Attorney helps with estate planning after the person

Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well

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

Myth No. 1: Probate Is ALWAYS Required for a Will. No, not all wills require a probate process. There are several exceptions to what must

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

A will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a

All individuals want to pass on a little fortune to their children or other loved ones. So they endlessly keep saving to make life somewhat

As you get older, there’s a considerable possibility you’ll need long-term care facilities that estate lawyers provide. According to the Department of Health and Human

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

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

What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set

More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed

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