
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
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
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
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
It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do
Lawyers usually use one of three methods to calculate probate jobs. Hourly, flat rate, or percentage of the value of a real estate asset. Attorneys
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
If someone had a death in the family, they might be confronting the probate. Probate is a legitimate formal cycle. It perceives whether a will
Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries
One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,
Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second
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
In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or
What is Probate? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the
Understanding Fixed and Discretionary Trusts and the role of a probate lawyer Trust agreements provide a wide range of advantages to both the settler and
Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds
Probate is a legal process that serves to verify that the deceased owned the mentioned assets in the probate. It is a process that includes
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
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
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
Although the time to receive inheritance may not be pleasant, obtaining it can be a great blessing. When one of your close ones passes away
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
As the name suggests estate planning is basically a plan to deal with your estate. Estate planning is an essential tool to manage your assets
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.
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,
People often underestimate the role of a probate lawyer. They think that they will handle all the tasks during the probate process themselves after the
Generally, a probate lawyer deals with the process of estate administration after the death of a person. Probate lawyers also handle estate planning, powers of
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
Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public
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
Usually, the people who lose their loved one or the ones managing the emotional effect of losing a loved one do not focus on anything