Estate Planning
Is probate always required for real estate?
Probate is the legal process necessary to deal with one’s property, assets, money, and any other last wish after death. Executors issue the probate of
Administrator
FEATURES & NEWS
Estate Planning
When is Probate Necessary in New York?
One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the
Estate Planning
What are the qualifications of a Probate Attorney?
Becoming a qualified Probate Attorney can open a lot more opportunities for you. For example, the probate Attorney helps with estate planning after the person
Estate Planning
What is a durable power of attorney for advanced health stated by an estate planning lawyer?
What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically
Estate Planning
Pros & Cons of Revocable Trust
Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so
Estate Planning
What is trust?
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
Estate Planning
Seven myths about wills and probate?
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
How much can you inherit from your parents tax-free with the help of estate planning attorney?
Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance
Estate Planning
Who processes probate?
Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the
Estate Planning
7 ways to find the best probate lawyer
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
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
Questions asked before hiring an estate planning attorney
It’s understood below. Any lawyer may create a straightforward will for minor situations, such as naming the beneficiary of one’s 401(k). Still, experienced trust-and-estate lawyers
Estate Planning
How did the history of Probate lawyer start in the U.S?
What does ‘to probate’ mean? The conceding of probate is the most vital phase in the lawful course of overseeing the home of a departed
Estate Planning
How much money do you legally give as a gift to family members as per an estate planning lawyer?
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
Estate Planning
When do we need a probate attorney?
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
Estate Planning
What types of assets cannot be placed in a trust?
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
Estate Planning
Function Of Probate Lawyer When There Is A Will
Do you want to know the function of a probate lawyer when there is a will? Assisting with bill and debt payments determining whether or
Estate Planning
Guidelines for estate planning executors and trustees
Estate planning is a susceptible process. Even one mistake can lead all your assets to doom. That’s why there are specific guidelines for inexperienced people
Estate Planning
What are the three primary goals of estate planning?
An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll
Estate Planning
As per the estate planning attorney, how long is a will valid after death in the probate process?
Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after
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
How to apply for probate?
What is a Probate? The Latin verb “probate” means to test or scrutinize, while the English word “probate” implies “to prove.” The executor of the
Estate Planning
What are the most important estate planning components?
What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent
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
What does estate planning include?
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
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
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 the future of it. A lot of people
Estate Planning
What is the seven year rule in inheritance tax in estate planning attorney?
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
Estate Planning
What is the best way to leave an inheritance as per the estate planning lawyer?
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
Estate Planning
Apart from Will, What other duties do a probate lawyer function?
A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice