
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
Home » Blog About Estate Planning

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 lawyers, also known as estate planning attorneys, are attorneys with expertise in estate planning. They specialize in handling affairs related to probate, wills,

Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.

A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults

Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. I have

Introduction The United States has more immigrants than any other country in the world. With more than 45 million living inside its borders. While many

What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to

What is estate planning? Estate planning is creating legal documents to ensure that your assets are distributed according to your wishes. Estate planning can take

Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant

Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be

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

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,

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

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 frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging

Do you want to safeguard your estate and your loved ones? Do you want to avoid a drawn-out probate process? Then you will want to

Estate planning is not just for Wealth. Even though we usually associate the word “estate” with the extremely wealthy. Everyone can gain from having an

International estate planning is more crucial than ever in the current world. It would be best if you had the counsel of an international estate

Probate lawyer costs- The probate lawyer is licensed and specialized in probate matters. The probate lawyer fees are also estate lawyer fees. One pays these

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

Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by

A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or

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

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

The majority of estate planning errors typically fit into one of several categories. Every estate plan has different aspects, but the same issues and mistakes

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

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

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

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

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,