
Estate Planning Checklist: Important Guidelines & Details!
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
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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

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

What is an estate planning attorney? Estate planning lawyers, also known as estate law lawyers or probate lawyers, are skilled and qualified legal experts with

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

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

Introduction You have an estate; did you know that? Everyone possesses one. According to the definition, an estate is everything you own, including all of

As the name suggests estate planning is basically a plan to deal with your estate. Estate planning is an essential tool to manage your assets

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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

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

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

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

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

Understanding the probate lawyer: A probate lawyer is a state-licensed attorney who works with the executors and the beneficiaries of an estate to settle the

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,

What is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to

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

Introduction Estate planning attorneys usually oversee the creation of living trusts. A living trust is a legal document that holds a person’s assets and property

Probate of Will The High court grants probate with the court seal and a copy of the Will attached. A statement of legal intent that

Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries

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,

What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public

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

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

What is Estate planning? A person’s Estate refers to all the property or assets owned by a person. These include real Estate, cash, investments, vehicles,

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court

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,

What is a Probate Attorney? To get to know what a Probate attorney is, we should first understand what probate means. Probate is the legal

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

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