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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

How Estate attorney establish medical power of attorney

Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become

Estate Planning

Will estate planning help to designate a beneficiary?

Although the beneficiary designation is a crucial step in estate planning, it is handled separately from your actual estate plan. Additionally, if the provisions in

Estate Planning

Things to know before hiring an Estate Planning Lawyer?

You need the best team to negotiate the world of wills, trusts, and powers of attorney. After all, planning a will and an estate is

Estate Planning

Probate: Inventory Assets and other items

The legal procedure that follows a decedent’s death is referred to as probate. It establishes the distribution of the decedent’s estate. However, the probate inventory

Estate Planning

What are the most important estate planning components?

What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent

Estate Planning

When should you start estate planning?

Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure

Estate Planning

What does an Estate Plan include?

Estate planning can be tricky, but we believe that with the guidance of an experienced estate planning lawyer it can be simplified. We provide free

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 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

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 does an estate planning attorney help you in creating a will?

An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for

Estate Planning

When is Probate Necessary in New York?

One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the

Estate Planning

What does a probate attorney do when a will and a trust are involved?

Probate begins soon after you lose your loved one. However, probate is a legal proceeding that validates a will to settle an estate. So, let

Estate Planning

What is a Probate Lawyer?

The probate process includes paying off the deceased’s debts and distributing the estate’s assets according to the will or state law. Probate lawyers, also referred

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

What does a probate attorney do when there is trust involved?

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

Estate Planning

How much can you inherit from your parents tax-free with the help of estate planning attorney?

Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance

Estate Planning

Best Estate Planning Lawyers in Brooklyn: Why it is important?

Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out

Estate Planning

What are the three types of trust by an estate planning lawyer?

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,

Estate Planning

What happens once grant of probate has been issued?

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

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

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

What are low-cost assets estate planning strategies?

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,

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 is the most common type of estate planning?

Estate planning is deciding who will get your possessions after your death. With a focus on minimizing taxes, your beneficiaries can keep more of your