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
A living trust is created while the founder is still alive. They can make all sorts of changes before they die. Living trusts are effective
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
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
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
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,
Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your
A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process
Myth No. 1: Probate Is ALWAYS Required for a Will. No, not all wills require a probate process. There are several exceptions to what must
Estate planning is essential to everyone. We all have to think about what will happen when we die. It is necessary to decide who will
Probate begins soon after you lose your loved one. It is a legal proceeding validating a Will to settle an estate. But you might find
A Probate lawyer concentrates on wills, trusts, and estate planning, although they have vastly different areas of knowledge. Transactional lawyers take care of legal formalities
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
The majority of people avoid talking about estate planning. After all, it can be unsettling to consider your mortality and what you want to happen
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.
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
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 Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about
What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to
Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.
Many spend more time planning vacations, choosing a car, and choosing a place to have dinner than planning property. After death, decide who inherits the
An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for
Handling the will of a deceased person is a complicated process. However, an experienced probate lawyer can help the family members with the probate process.
As a U.S. citizen, you will likely have assets you would like to safeguard if something happens to you. Estate planning attorneys can help you
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
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
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
Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of
