
Why You Need an Estate Planning Lawyer
As a small business owner, you have a lot of responsibilities. Your employees, your customers, and your company are just a few of the many
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As a small business owner, you have a lot of responsibilities. Your employees, your customers, and your company are just a few of the many

What is a will? A will is a legal document that details the wishes of the deceased. It is the last will of the individual.

Who is a probate lawyer? When a person leaves the World, their assets must be dispersed and appropriately distributed per the directions they gave when

You should think carefully about who will get your assets or the payment from your life insurance policy, as beneficiary designations cannot change or be

As you age, it’s important to have a strong estate plan to feel secure, knowing that your belongings and family will be cared for after

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

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

Probate Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might

Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want

Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning. They have a clear and thorough understanding of federal and

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

What is Probate? Probate is the lawful authentication and validation of a will. Moreover, the general administration of a decedent’s estate or the estate of

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.

As you get older, having a secure estate plan is essential to know your property and family will be taken care of when you are

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.

Estate planning The concept of estate planning refers to ensuring that the people and organizations you wish to leave your estate to do so in

Establishing who will receive your assets in the event of your death or incapacitation is the process of estate planning then in what ways an

A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,

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

Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public

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

When there is no trust, the probate procedure results in a court order specifying how assets will be distributed to the heirs. The family must

When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s

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

Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure

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

It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do

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

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

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