
Is Estate Planning Only For the Wealthy?
Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the
Blog About Estate Planning

Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the

Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds

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
Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,

Introduction Usually, a question wanders around the mind of almost all families who recently lost their close one “Does the probate attorney or executor have

Several factors affect the time the banks take to release money from a deceased person’s account after the probate. For example, suppose a report of

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

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

A Will: What Is It? A will is a legally-binding document that outlines their final desires. It also specifies the beneficiaries list and estate allocation.

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

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

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. However, who has the right to be

When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s

Introduction Disinheritance can be a hard choice. Nevertheless, this is sometimes necessary for the well-being of the estate, family members, and the disinherited. For various

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.

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

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

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,

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

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,

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

Estate planning is deciding who will get your possessions after your death. With a focus on minimizing taxes, your beneficiaries can keep more of your

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

Who is a probate lawyer? A state-licensed attorney who assists the beneficiaries and executors of an estate in settling the decedent’s affairs is known as

What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent

A Short Introduction About Probate The Indian Succession Act of 1925 gives probate. Probate is the copy of the Will certified by the court’s seal.

Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out

An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for

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

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