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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

What Are The Expenses Related To The Probate Process ?

The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what

Estate Planning

When should one hire a probate attorney?

Introduction The attorney will handle the will, probate, and other legal issues that arise. The probate attorney will also help with administering the estate and

Estate Planning

How an Estate Planning Attorney Helps U.S. Citizens with International Assets

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

Estate Planning

What is the most important aspect of estate planning?

When it comes to estate planning, it can be hard to know the most critical aspect of creating a will. Several factors to consider when

Estate Planning

Terms to know before hiring an estate planning attorney

As you age, it’s important to have a strong estate plan to feel secure, knowing that your belongings and family will be cared for after

Estate Planning

What Role Does a Probate Attorney Have in Litigation?

Introduction: The probate litigation procedure offers information, counsel, and legal representation when contesting a will or trust. For example, contesting a will or trust that

Estate Planning

What does a probate attorney do when there is trust involved?

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

Estate Planning

What happens once grant of probate has been issued?

Probates are considered one of the most time-consuming and lengthy legal processes, which require tons of paperwork, court appearances, and background checks and can be

Estate Planning

Do estate planning attorneys execute the associated trusts?

The real estate planning process often goes without dispute. However, if the trustee’s plans or actions conflict with the testator’s intentions or the beneficiary’s expectations,

Estate Planning

Function of Probate Lawyer when there is no will

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

Estate Planning

How Estate planning attorney will help to split the inheritance?

People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets

Estate Planning

State the process of estate planning attorney

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

Estate Planning

What are the technical terms one should know while opting for estate planning?

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

Estate Planning

Estate Planning Tips for A Married Couple

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

Who processes probate?

Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the

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

Can someone sell a car before probate is granted?

What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to

Estate Planning

What does a Probate Attorney do if assets are found after Probate?

Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

Estate Planning

What are the three primary goals of estate planning?

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

The Cost to hire a Probate Lawyer

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

Estate Planning

Who is an Estate Planning Lawyer?

By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?

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 happens to property when there is no will as per the estate planning attorney?

A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,

Estate Planning

What assets cannot become a part of a probate estate?

Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling

Estate Planning

How can you assign a health care proxy in Estate planning?

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

Estate Planning

How Estate Planning lawyer help to reduce the tax burden?

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

Estate Planning

How does a probate attorney work for probate if you are a trustee

Probate may be complicated, especially if the deceased had a considerable estate. When probate is over, the executor or administrator must file a final account