
Can an executor be a beneficiary? What’s the estate planning lawyer say in it?
More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed
Home » Blog About Estate Planning

More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed

There are several advantages that including a trust in your estate plan can offer you and your loved ones, whether you’re wanting to avoid probate,

Probate Probation is known as a legal procedure. Under probate, the assets of the person who has passed away are evaluated and supervised. Along with

Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be

Estate planning is the preparation of an official document. It states who will handle and own an individual’s assets after death or incapacitation. It involves

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

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

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. So,

Being parents has always been a tough job. Taking care of your children and making sure that they are safe, has always been the primary

Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you

Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well

Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the

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

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

Probates are considered one of the most time-consuming and lengthy legal processes, which require tons of paperwork, court appearances, and background checks and can be

Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.

212.596.70.39 Share This Post More To Explore Subscribe to our Newsletter

Lawyers usually use one of three methods to calculate probate jobs. Hourly, flat rate, or percentage of the value of a real estate asset. Attorneys

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

Estate planning ensures that the persons or entities to whom an individual desires to leave their estate do so in the manner planned. Once everything

The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what

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

There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not

If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court

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

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

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,

You should think carefully about who will get your assets or the payment from your life insurance policy, as beneficiary designations cannot change or be