
Do I Need an Estate Plan?
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
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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
Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial
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
A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It
Role of the Probate Attorney in a will? Will is a legal document that a person or individual drafts. To express their wishes on how
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
The probate process includes paying off the deceased’s debts and distributing the estate’s assets according to the will or state law. Probate lawyers, also referred
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
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
In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written
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
The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A
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
The formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the
The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what
What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both
A will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a
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
As you get older, having a secure estate plan is essential to know your property and family will be taken care of when you are
Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate
Probate case is a legal procedure that the court supervises to gather a deceased person asset and distribute them to creditors and inheritors. The probate
Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. I have
Probate is the transcript of a will ensured under the mark of the court of capable purview with permission to organize the property of the
Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the
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.
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
Who is a probate lawyer? Every human being has to leave this World one day. There’s no denial in that. Every human being possesses some
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
Estate planning is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights
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