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 is planning for the future today. It is your ability to take control of future decisions and empower others to assist you with
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
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.
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
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
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
When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the
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
Introduction The court uses state law to distribute the assets if the deceased didn’t leave a will. Having a last choice would have facilitated the
Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second
A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process
Introduction: The probate litigation procedure offers information, counsel, and legal representation when contesting a will or trust. For example, contesting a will or trust that
There is no life expiration of the valid wills. But then, what happens when the probate attorney discovers the Will after the probate? Then, the
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
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
Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of
Estate planning helps in jointly owned property by ensuring a plan in place for the distribution of property in the event of death. The program
When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there
Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide
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 is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and
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
A beneficiary, in a legal term, means the person who is the lawful inheritor or recipient of the deceased’s estate. The decedent mentions the beneficiary’s
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
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
Planning and structuring one’s assets go a long way in providing the mental satisfaction of its possessor and their loved ones. To add to the
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 is deciding who will get your assets, estate, and personal belongings upon your death. This includes planning how much of your assets or
People devote their first years of employment to caring for and supporting dependents. They don’t begin to consider and plan for retirement until they are
