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What is Estate Planning? Estate planning isn’t just for the wealthy and well-known. You still need a plan, even if you don’t have a six-figure
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What is Estate Planning? Estate planning isn’t just for the wealthy and well-known. You still need a plan, even if you don’t have a six-figure

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

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

Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as

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

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

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

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

What is a Probate lawyer? There’s an old saying, ‘you can’t take it with you when you die.’ Therefore, someone has to be there 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

Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your

Many spend more time planning vacations, choosing a car, and choosing a place to have dinner than planning property. After death, decide who inherits the

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 is the preparation of an official document. It states who will handle and own an individual’s assets after death or incapacitation. It involves

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

Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant

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

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

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

A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you

Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and

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 is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging

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

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,

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 helps in jointly owned property by ensuring a plan in place for the distribution of property in the event of death. The program

State the types of power of attorney that an estate planning lawyer process The five types of power of attorney and estate lawyer processes listed

There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not

A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient