Estate Planning
Seven myths about wills and probate?
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 Procedure
FEATURES & NEWS
Estate Planning
When does a probate apply?
What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public
Estate Planning
Can a bank release funds without probate?
Before diving deep into whether a bank can release funds without Probate, we first need to understand what Probate is. What is Probate? Probate is
Estate Planning
How do Probate Attorneys work with beneficiaries’ rights to trust the information?
Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure
Estate Planning
What does a Probate Attorney do if assets are found after Probate?
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
Estate Planning
Probate with no Estate Tax
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
Estate Planning
How does a Probate Lawyer Assists With a Will?
Who is a probate lawyer? Every human being has to leave this World one day. There’s no denial in that. Every human being possesses some
Estate Planning
When does a person require estate planning?
A person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many
Estate Planning
What does a probate attorney do when there’s no trust involved?
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
Estate Planning
Who can initiate probate?
A probate process is when a judge hears the case of a will. This magistrate is a probate court magistrate. The probate procedure establishes the
Estate Planning
What are the steps for managing an estate planning
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
Estate Planning
How does a probate attorney help in differentiating whether a trust is revocable or not?
What is a revocable trust? Forming trust is a straightforward process. First, you must set specific goals and meet your intended needs with the help
Estate Planning
Do I need an Estate Plan?
A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults
Estate Planning
What are the three types of legal estate planning?
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
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
Estate Planning
Difference between Estate Planning Lawyer and Probate Lawyer
A probate lawyer’s job is to ensure that any property goes to its rightful heir and avoid any dispute. However, an estate planning lawyer/attorney counsels
Estate Planning
Estate Planning for Children
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
Estate Planning
Why do you need a Probate Lawyer?
Probate Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might
Estate Planning
Who processes probate?
Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the
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
Can a beneficiary challenge a trustee during the procedure of an estate planning lawyer?
A trust might be challenged for many of the same reasons as a will, such as a lack of testamentary ability, improper influence, or required
Estate Planning
How does an estate plan contribute to retirement savings?
People devote their first years of employment to caring for and supporting dependents. They don’t begin to consider and plan for retirement until they are
Estate Planning
How long do banks take to release money after probate?
Several factors affect the time the banks take to release money from a deceased person’s account after the probate. For example, suppose a report of
Estate Planning
Can someone sell a car before probate is granted?
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
Estate Planning
What are the three ways estate planning can benefit a person
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
Estate Planning
How does a probate attorney deal with holographic will?
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
Why does a person need estate planning?
Estate planning is not just for Wealth. Even though we usually associate the word “estate” with the extremely wealthy. Everyone can gain from having an
Estate Planning
How many wills person can have as per an estate planning attorney?
Most people are aware of the need to use a will to leave property to their loved ones after death. You may believe that having
Estate Planning
Estate Planning for Children: How to do it right?
Children are the most beautiful thing which can ever happen to a family. We all start getting worried about the future and security of our
Estate Planning
What assets cannot become a part of a probate estate?
Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling
