
Are probate attorneys necessary?
Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which
Home » Why Estate Planning is Important

Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of

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

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

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

State the types of power of attorney that an estate planning lawyer process The five types of power of attorney and estate lawyer processes listed

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

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

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,

Create an inventory of what you own and what you owe. Make a detailed inventory of your assets and liabilities, including account numbers and contact

As a U.S. citizen, you will likely have assets you would like to safeguard if something happens to you. Estate planning attorneys can help you

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

Estate planning is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging

Is it trustable to supersede a will? What assistance can an estate planning lawyer provide you with that? As part of estate planning, many people

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

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

Probate is the judicial process whereby one proves a will in a court of law and accepts it as a valid public document. A probate

A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,

An inheritance tax (IHT) is imposed on property that has been gifted or inherited. Even though IHT is charged upon death, it may also be

If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.

A person’s estate comprises all their belongings and assets, such as real estate, buildings, gold, stocks, mutual fund investments, life insurance policies, money, bank accounts,

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 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

Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial

By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?

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

Who is a probate lawyer? When a person leaves the World, their assets must be dispersed and appropriately distributed per the directions they gave when

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

People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets

There are many steps involved in estate planning, such as deciding the best way to dispose of your assets, such as giving them to your