A person’s estate comprises all their belongings and assets, such as real estate, buildings, gold, stocks, mutual fund investments, life insurance policies, money, bank accounts,
Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where
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 is a good choice if you own a business and if you are worried about its future. A lot of people seem to
People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets
Estate planning is essential to everyone. We all have to think about what will happen when we die. It is necessary to decide who will
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
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
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
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
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
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
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
Introduction A will is an important document that designates who will be in charge of your estate and belongings in the event of your death.
Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should
Estate planning is something that is required for the safety and happiness of our family. Reports have suggested that estate planning doesn’t just secure your
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
Most estates must go through the legal procedure of probate in court after the estate owner’s death. Probate is a lawful procedure that handles the
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
Introduction Imagine leaving all your wealth and money to your child or spouse and the creditors coming in and taking everything and leaving them nothing.
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,
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
212.596.70.39 Share This Post More To Explore Subscribe to our Newsletter
A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the
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
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
Introduction The profound sense of loss of the loved one can be overwhelming. Therefore, when a family member dies, it is advisable to step back
Nobody enjoys contemplating their demise. There are more than enough things to be concerned about without worrying. We wouldn’t have to worry about what would
Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will
Everybody goes through a critical, highly delicate stage of life called old age, which calls for equally tender care. But, as you age, there are
