
What happens if you don’t apply for probate?
When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there
Estate Planning Page 4

When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there

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

Individuals or families who find something troubling them in any legal situation experience very stressful situations in life. During these challenging times, a probate lawyer

Estate planning is a good choice if you own a business and if you are worried about the future of it. A lot of people

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. A trust involves information on how investments

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

A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get

Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the

What happens in the absence of a will? Even if your loved one hadn’t left a will, their assets still need to pass through the

When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in

In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written

A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,

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

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

Probate lawyer A probate lawyer is a state-approved statutory agent who advises an executor or one or more beneficiaries of a deceased property. Their responsibilities

Estate planning is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights

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

It’s a callous decision for many couples to decide how to split up the family’s finances. But it’s not always easy to leave money for

One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the

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

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

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

One of the leading estate planning strategies to secure your family’s future after your passing is to get life insurance within a trust. Your life

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

Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public

What is an estate planning attorney? Estate planning lawyers, also known as estate law lawyers or probate lawyers, are skilled and qualified legal experts with

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

What is Probate? Probate is the complete process of managing a deceased person’s estate. After paying taxes and bills, this entails organizing their money, assets,

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

What is Probate Probation is both legal as well as a financial process. This probation process occurs when someone dies and leaves their asset and