
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
Home » Probate Law

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

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

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

What is Probate? The probate process involves examining and distributing the assets of a deceased person’s estate. A probate court frequently looks at the assets

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

Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become

A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,

Estate attorneys and probate lawyers assist non-lawyer clients in carrying out their duties as executors, personal representatives, or administrators of estates. As they navigate the

The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent

One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,

Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will

Does one have to pay taxes if they receive an inheritance, as per an estate planning lawyer? Beneficiaries may be subject to inheritance taxes; most

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

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

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

Role of the Probate Attorney in a will? Will is a legal document that a person or individual drafts. To express their wishes on how

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,

In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written

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

The American Judicial System handles estate matters with the help of probate law. The probate court deals with all the legal issues concerning the assets

Estate planning is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights

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

Probate Probation is the legal procedure through which the assets of a deceased are reviewed. A probate lawyer carries it. Also, the inheritors of the

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

There are five ways life insurance plays a crucial role in estate planning. With life insurance, you can ensure that your loved ones will have

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

In contrast, the conditions of an irrevocable trust are final as soon as the document is signed. An irrevocable trust in an estate planning attorney

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

You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key

Elder estate planning ensures that senior citizens have long, healthy, and secure lives. Typically, it entails planning for future medical requirements, including long-term care. A