
Estate Planning Tips for A Married Couple
After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring
Estate Planning Page 10

After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring

What is estate planning? Estate planning is creating a plan to distribute assets after a person’s death. The estate planning attorney can help you with

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

No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there

A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

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,

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

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

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

Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to

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

It’s understood below. Any lawyer may create a straightforward will for minor situations, such as naming the beneficiary of one’s 401(k). Still, experienced trust-and-estate lawyers

What is probate? Probate indicates that there is a court proceeding involving: In a probate case, the court appoints an executor (if there is a

When a person inherits any estate from his parents after the death of his parents, then that estate inherited by the person could be subjected

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

Probate may be complicated, especially if the deceased had a considerable estate. When probate is over, the executor or administrator must file a final account

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

Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by

Introduction Imagine leaving all your wealth and money to your child or spouse and the creditors coming in and taking everything and leaving them nothing.

What is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to

Who is a probate lawyer? A state-licensed attorney who assists the beneficiaries and executors of an estate in settling the decedent’s affairs is known as

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

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

When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.

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

If someone had a death in the family, they might be confronting the probate. Probate is a legitimate formal cycle. It perceives whether a will

Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after

A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to wills

Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning. They have a clear and thorough understanding of federal and

Real estate planning goes beyond making the will. Careful planning means collecting all your assets and ensuring they will transfer to the person or organization