
What do you understand by the term ‘estate planning?
Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and

Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and

The probate process Probate is the procedure where the probate court authorizes the estate representative to speak and act on behalf of the estate. This

There is no life expiration of the valid wills. But then, what happens when the probate attorney discovers the Will after the probate? Then, the

Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds

Individuals or families who find something troubling them in any legal situation experience very stressful situations in life. During these challenging times, a probate lawyer

Giving someone power of attorney enables them to make decisions on your behalf. These choices may be judicial, fiscal, or medical. There are numerous types

A Probate lawyer concentrates on wills, trusts, and estate planning, although they have vastly different areas of knowledge. Transactional lawyers take care of legal formalities

As you age, it’s important to have a strong estate plan to feel secure, knowing that your belongings and family will be cared for after

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.

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

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

Will is a legal document in which a person specifies how their assets will be divided, allocated, and utilized after they pass away. Everyone living

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

What Is Probate Probate is a legal procedure through which assets are passed legally. Moreover, the probate process is considered to be problematic in the

Elder estate planning ensures that senior citizens have long, healthy, and secure lives. Typically, it entails planning for future medical requirements, including long-term care. A

For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. However, who has the right to be

What is Probate? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the

What is Probate? It is the examination and transfer of an estate’s assets that belonged to a deceased person in the past. A probate court

The legal document known as a will specifies what will happen to your possessions after death. If you pass away without making a will, a

Do you want to safeguard your estate and your loved ones? Do you want to avoid a drawn-out probate process? Then you will want to

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

Creating an estate plan entails deciding who will ultimately inherit your assets. If you cannot manage your affairs independently, it also specifies how you would

As the name suggests estate planning is basically a plan to deal with your estate. Estate planning is an essential tool to manage your assets

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

Probate lawyer A probate lawyer is a state-approved statutory agent who advises an executor or one or more beneficiaries of a deceased property. Their responsibilities

You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court

A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or

When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there