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Estate Planning

What is the seven year rule in inheritance tax in estate planning attorney?

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

Estate Planning

What is the probate of a will?

Probate of Will The High court grants probate with the court seal and a copy of the Will attached. A statement of legal intent that

Estate Planning

What is an estate planning process?

The term ‘estate’ accounts for an individual’s personal and financial belongings. Moreover, they ensure that everything happens as they wish in a legal and structurally

Estate Planning

How to secure life insurance within a trust with the help of an estate planning lawyer?

One of the leading estate planning strategies to secure your family’s future after your passing is to get life insurance within a trust. Your life

Estate Planning

What does estate planning include?

Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want

Estate Planning

Difference Between A Probate Lawyer And A Criminal Lawyer

A probate lawyer is a type of attorney who focuses on the legal aspects of estate law. He can also handle wills, trusts, and real

Estate Planning

Estate Planning Checklist: Important Guidelines & Details!

Having an estate plan is important for everyone. It doesn’t matter if you are young, or you don’t have a lot of assets because it

Estate Planning

What document does one need for estate planning?

What is Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,

Estate Planning

Who is an Estate Planning Lawyer?

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?

Estate Planning

What are the costs associated with probate?

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

In estate planning attorney process who has more rights a trustee or a beneficiary?

Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing

Estate Planning

State the basics of estate planning

Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify

Estate Planning

In estate planning attorney, is it a good idea to put your house in a will?

The goal of an estate planning attorney is to develop a personalized strategy that will enable you to efficiently pass your assets, including money and

Estate Planning

What Are The Steps Involved In The Probate Process?

Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second

Estate Planning

What are the Pros and Cons of Hiring a Probate Attorney

Hiring a probate attorney can be a tough decision. There are a lot of factors to take into account. The followings are some pros and

Estate Planning

Is a will better than a trust? What can estate planning do?

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,

Estate Planning

What probate attorney do if estate theft took place before inventory?

An executor who does not report theft from an estate before inventory commits theft by stealing property from it before inventory is conducted. According to

Estate Planning

What do you look for while choosing an estate planning attorney?

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

Estate Planning

What are the steps followed by probate?

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

Estate Planning

Can someone hire a probate attorney if the person is living outside the state?

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.

Estate Planning

How does a probate attorney work for probate if you are a trustee

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

Estate Planning

What is trust?

In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or

Estate Planning

Who is a Probate Attorney

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.

Estate Planning

How does a probate attorney change or revoke a will?

Each state has laws governed by procedures for creating, canceling, and providing the last wills and testaments. A testator, who creates a choice, typically has

Estate Planning

Are long-term care facilities provided by estate planning lawyers?

As you get older, there’s a considerable possibility you’ll need long-term care facilities that estate lawyers provide. According to the Department of Health and Human

Estate Planning

Is Estate Planning only for the Wealthy?

When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the

Estate Planning

Methods estate planning attorneys use to cut estate taxes?

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual