
What happens if you don’t apply for probate?
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

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

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 is a good choice if you own a business and if you are worried about its future. A lot of people seem to

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

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

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

A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults

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

What is Probate Probation is both legal as well as a financial process. This probation process occurs when someone dies and leaves their asset and

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

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

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.

Estate Planning is planning for the future today. It is your ability to take control of future decisions and empower others to assist you with

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

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

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

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

Who is a probate lawyer? A state-licensed attorney who assists the beneficiaries and executors of an estate in settling the decedent’s affairs is known as

Does one have to pay taxes if they receive an inheritance, as per an estate planning lawyer? Beneficiaries may be subject to inheritance taxes; most

A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get

Who is a Probate Lawyer? After someone passes away, their will, assets, and possessions must go through the legal procedure known as probate. The specialist

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

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

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

What is probate? Probate indicates that there is a court proceeding involving: In a probate case, the court appoints an executor (if there is a

The majority of estate planning errors typically fit into one of several categories. Every estate plan has different aspects, but the same issues and mistakes

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

Introduction You have an estate; did you know that? Everyone possesses one. According to the definition, an estate is everything you own, including all of

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of

Probate lawyer costs- The probate lawyer is licensed and specialized in probate matters. The probate lawyer fees are also estate lawyer fees. One pays these