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
Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.
It doesn’t matter if you are planning to get married, a newly married couple or have been married for the years you need an estate
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,
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
Who is a Probate Lawyer? A probate lawyer is an attorney who specializes in all facets of probate law. They will have previous expertise in
A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient
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,
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
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
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
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
There are several questions to consider when writing a will. It would not be easy to anticipate every inquiry an estate planning lawyer needs to
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
Creating an estate plan entails deciding who will ultimately inherit your assets. If you cannot manage your affairs independently, it also specifies how you would
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
What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set
Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate
Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure
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
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
The probate process Probate is the procedure where the probate court authorizes the estate representative to speak and act on behalf of the estate. This
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
Probate is the judicial process whereby the court proves the will. The court accepts the legitimate public document that’s true to the last testament of
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
Everyone has distinct intentions when they plan their estate. While some prefer to spend their last dollar on their final day, others prefer to live
An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,
Love makes us do lots of weird stuff. One such act of love is preparing a will. You assume that preparing a will before you
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
What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to
