Estate Planning
What is the purpose of the trust in estate planning?
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
Law
FEATURES & NEWS
Estate Planning
Estate Planning for Business: Why it is Important?
Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to
Estate Planning
What does a probate attorney do when there is trust involved?
What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set
Estate Planning
Things a probate lawyer cannot Do
A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get
Estate Planning
Why does a person need estate planning?
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
Estate Planning
Small Estate and their process of Probate
For “small estates,” almost every state now has expedited probate procedures or a chance to avoid it entirely. These transfer processes transfer the estate to
Estate Planning
The Cost to hire a Probate Lawyer
The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A
Estate Planning
What probate attorney do if estate theft took place before inventory?
An executor who does not report theft from an estate before inventory commits theft by stealing property from it before inventory is conducted. According to
Estate Planning
Is there any link between life insurance and estate planning?
For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,
Estate Planning
What are the elements of Estate Planning?
Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you
Estate Planning
How does a probate attorney assist with the estate?
The estate planning lawyer, also known as an estate probate lawyer, helps a person create a solid plan for handling the mentioned situations. Such lawyers
Estate Planning
Is will a part of estate planning?
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
Estate Planning
What is ancillary probate?
Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where
Estate Planning
What happens once grant of probate has been issued?
Probates are considered one of the most time-consuming and lengthy legal processes, which require tons of paperwork, court appearances, and background checks and can be
Estate Planning
What is the difference between a trust and an estate as per an estate planning lawyer?
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
Estate Planning
Types of power of attorney in an estate lawyer planning process?
State the types of power of attorney that an estate planning lawyer process The five types of power of attorney and estate lawyer processes listed
Estate Planning
What are the steps for managing an estate planning
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
Estate Planning
Is Probate Mandatory To Transfer Property?
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
Estate Planning
How Estate Planning will help you with debts and expenses
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
Estate Planning
What does a Probate Attorney do?
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.
Estate Planning
Do I Need an Estate Plan?
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 Planning
During an estate planning lawyer process can a trustee sell the property without all beneficiaries approving?
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
Estate Planning
Estate Planning for Business
Business is one such field where the people are busy and they have literally no time for themselves. In the line of business, you think
Estate Planning
Does A Person Need a Probate Lawyer to Draft a Will if they Live in a UPC State?
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,
Estate Planning
Is a probate lawyer the same as an estate attorney?
When a person dies, assets must be distributed appropriately by applicable state laws and the instructions outlined in their will when alive. A probate lawyer
Estate Planning
Primary goals for estate planning attorneys?
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
Estate Planning
What are the four most important estate planning factors as per an estate planning lawyer?
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
Estate Planning
What assets cannot become a part of a probate estate?
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
Estate Planning
How many wills person can have as per an estate planning attorney?
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 Planning
When Is Probate Estate Administration not necessary?
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
