
Estate Planning for Singles: Widowed, Divorced, and Never Married!
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.

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.

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

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

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

What is a Probate lawyer? There’s an old saying, ‘you can’t take it with you when you die.’ Therefore, someone has to be there to

Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide

Introduction The court uses state law to distribute the assets if the deceased didn’t leave a will. Having a last choice would have facilitated the

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

Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well

People devote their first years of employment to caring for and supporting dependents. They don’t begin to consider and plan for retirement until they are

Here is a few best way to leave an inheritance strategy to take into account, along with some considerations you should make as you decide

Probate is the judicial process whereby one proves a will in a court of law and accepts it as a valid public document. A probate

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

When it comes to estate planning, it can be hard to know the most critical aspect of creating a will. Several factors to consider when

A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,

Uniform Probate Code There is a set of probate codes of laws on all issues related to the Will and estates. The code, created to

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

What is estate planning? Estate planning is creating a plan to distribute assets after a person’s death. The estate planning attorney can help you with

A will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a

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

Before diving deep into whether a bank can release funds without Probate, we first need to understand what Probate is. What is Probate? Probate is

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

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

Probate is the judicial process of proving a will by a court of law. Moreover, it is accepted as a legitimate public document that’s the

Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which

Having an estate plan is important for everyone. It doesn’t matter if you are young, or you don’t have a lot of assets because it

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

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

What to ask a probate lawyer before choosing them? Selecting a probate lawyer can be a difficult task. The roles and responsibilities of the lawyer

The security of both assets or property and your family is essential. This estate plan can help you with a smooth estate plan. So, let