
Seven myths about wills and probate?
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
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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 beneficiary, in a legal term, means the person who is the lawful inheritor or recipient of the deceased’s estate. The decedent mentions the beneficiary’s

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

Do you want every one of your benefits like property, cash, vehicles and stocks to go to your family members when you are no longer

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

If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through

Probates are considered one of the most time-consuming and lengthy legal processes, which require tons of paperwork, court appearances, and background checks and can be

Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out

Estate planning is not just for Wealth. Even though we usually associate the word “estate” with the extremely wealthy. Everyone can gain from having an

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

A trust is a great estate planning choice if you want legal protection for your assets. It guarantees that the will distributes assets, saves time,

When a person inherits any estate from his parents after the death of his parents, then that estate inherited by the person could be subjected

Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide

There are five ways life insurance plays a crucial role in estate planning. With life insurance, you can ensure that your loved ones will have

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

The term “probate” refers to the court assessment of the copy of the Will. Moreover, it is accompanied by a grant of administration of the

A fiduciary is someone who agrees to act on behalf of and in favor of another. Fiduciary’s role is mainly to manage their finances. The

An estate planning lawyer, also known as an estate planning attorney, is a certified professional lawyer. They have expertise in estate planning. These lawyers’ primary

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

Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling

Everyone has distinct intentions when they plan their estate. While some prefer to spend their last dollar on their final day, others prefer to live

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

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

When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend
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

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

Life has no guarantee; no one knows what might happen the next second. It is possible that everything you have earned, saved, and worked so

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 is a Probate? The Latin verb “probate” means to test or scrutinize, while the English word “probate” implies “to prove.” The executor of the

What is a will? A will is a legal document that details the wishes of the deceased. It is the last will of the individual.