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,
The American Judicial System handles estate matters with the help of probate law. The probate court deals with all the legal issues concerning the assets
What is probate? Probate indicates that there is a court proceeding involving: In a probate case, the court appoints an executor (if there is a
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
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
When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend
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
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
Estate planning ensures that the persons or entities to whom an individual desires to leave their estate do so in the manner planned. Once everything
What is a Probate Attorney? A probate lawyer is a qualified attorney who helps clients decide how to protect their assets after they pass away.
Most people are aware of the need to use a will to leave property to their loved ones after death. You may believe that having
Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial
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
Everyone has distinct intentions when they plan their estate. While some prefer to spend their last dollar on their final day, others prefer to live
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,
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
No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there
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
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
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
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
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
Who is a Probate Lawyer? A probate lawyer is an attorney who specializes in all facets of probate law. They will have previous expertise in
If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.
Rarely, but occasionally, it may be permissible to leave some of your assets to your children. So, how can one give an inheritance while they
There is a widespread misunderstanding regarding wills, estate handling, and the probate procedure. Many individuals believe that a will must always go through the probate
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
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
Introduction Divorce is a long and complicated process that may result in one or both spouses being left with few assets. The other spouse may
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
