A fiduciary is someone who agrees to act on behalf of and in favor of another. Fiduciary’s role is mainly to manage their finances. The
Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the
What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both
It’s a callous decision for many couples to decide how to split up the family’s finances. But it’s not always easy to leave money for
From identifying the assets of the estate and beneficiaries to disbursing the identified assets and inheritances, probate lawyers ensure that everything functions explicitly as per
It is certainly very hard to contemplate your very mortality and we completely understand it. But then there are some people who ensure that their
A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or
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
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
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
Who is a Probate Lawyer? After someone passes away, their will, assets, and possessions must go through the legal procedure known as probate. The specialist
Most estates must go through the legal procedure of probate in court after the estate owner’s death. Probate is a lawful procedure that handles the
All individuals want to pass on a little fortune to their children or other loved ones. So they endlessly keep saving to make life somewhat
Every person owns some property and assets in the form of real estate, bank accounts, stocks, etc. Have you ever thought about what will happen
Probation can be an expensive and lengthy process. But what if you are a deceased relative and need access to the funds? The Probate Helper
Suppose a person passes away leaving behind his/her last will mentioning how his/her assets will be distributed among his/her family members. The beneficiaries will not
Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as
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
What is estate planning? Estate planning is creating legal documents to ensure that your assets are distributed according to your wishes. Estate planning can take
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
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
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
What is trust? A trust is an estate planning tool that minimizes the estate and inheritance tax and saves your assets from probate; in a
What is Estate Planning? Estate planning isn’t just for the wealthy and well-known. You still need a plan, even if you don’t have a six-figure
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
A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It
Probate has always been considered a nerve-racking process that takes time and effort and costs a lot. That’s why many people are afraid of probate
Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out
Although the time to receive inheritance may not be pleasant, obtaining it can be a great blessing. When one of your close ones passes away
Probate is the process of distributing the assets of a person to his/her beneficiaries upon his/her death under the court supervision, no matter whether he
