
What happens if assets are found after probate?
After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s
Tax

After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s

Making plans for one’s demise is something that nobody wants to do. However, you must make many crucial choices that you shouldn’t delegate to your

Being parents has always been a tough job. Taking care of your children and making sure that they are safe, has always been the primary

One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,

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

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

Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so

Create an inventory of what you own and what you owe. Make a detailed inventory of your assets and liabilities, including account numbers and contact

There are five ways life insurance plays a crucial role in estate planning. With life insurance, you can ensure that your loved ones will have

If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through

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 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 Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about

A trust might be challenged for many of the same reasons as a will, such as a lack of testamentary ability, improper influence, or required

Everyone should consider estate planning sooner or later because it is the only way to guarantee that your end-of-life wishes should be carried out. Everyone

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

A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (UPC). UPC state specifically covers Trusts,

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

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?

Probate is the judicial process whereby the court proves the will. The court accepts the legitimate public document that’s true to the last testament of

As the name suggests estate planning is basically a plan to deal with your estate. Estate planning is an essential tool to manage your assets

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

From identifying the assets of the estate and beneficiaries to disbursing the identified assets and inheritances, probate lawyers ensure that everything functions explicitly as per

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

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

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,

A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you

The difference between a probate lawyer and a Real-Estate Lawyer can be made by thinking of it related to the before and after terms. Usually,

Each state has laws governed by procedures for creating, canceling, and providing the last wills and testaments. A testator, who creates a choice, typically has

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