
Terms to know before hiring an estate planning attorney
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
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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

Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so

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

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

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

What happens in the absence of a will? Even if your loved one hadn’t left a will, their assets still need to pass through the

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

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

Probate is the judicial process whereby proving a will in a court of law. First, there is acceptance of the choice as a legitimate public

When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in

What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to

Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the

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 attorneys and probate lawyers assist non-lawyer clients in carrying out their duties as executors, personal representatives, or administrators of estates. As they navigate the

What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically

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

What is estate planning? Estate planning is creating legal documents to ensure that your assets are distributed according to your wishes. Estate planning can take

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

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

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.

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

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

Probate is a process of dispersion of Will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s

Introduction Inheritance may be required. As a result, most people need to consult a probate lawyer at some point. Unfortunately, this cannot be easy. After

What to ask a probate lawyer before choosing them? Selecting a probate lawyer can be a difficult task. The roles and responsibilities of the lawyer

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

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

A living trust is created while the founder is still alive. They can make all sorts of changes before they die. Living trusts are effective

Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well