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
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 formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the
Probate may be complicated, especially if the deceased had a considerable estate. When probate is over, the executor or administrator must file a final account
What is the online Probate application system? Probate refers to a will’s certified copy with a court’s seal of authority. When approved, the online probate
Estate planning The concept of estate planning refers to ensuring that the people and organizations you wish to leave your estate to do so in
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
Want to appoint someone as the executor of the estate you possess? This means you have complete trust in that individual. You make that individual
Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.
Introduction The United States has more immigrants than any other country in the world. With more than 45 million living inside its borders. While many
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
Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance
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
What probate is: Probate is a legal procedure to validate a will. The general administration of a decedent’s estate or the estate of a decedent
A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or
The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent
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
By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?
Before diving deep into whether a bank can release funds without Probate, we first need to understand what Probate is. What is Probate? Probate is
Estate planning is deciding who will get your assets, estate, and personal belongings upon your death. This includes planning how much of your assets or
Although the beneficiary designation is a crucial step in estate planning, it is handled separately from your actual estate plan. Additionally, if the provisions in
What is Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,
There are procedures for removing or changing a trustee if you are the creator, a co-trustee, or a beneficiary of a family trust and believe
After the death of a person, the decedent’s estate undergoes the probate process. It is a process that helps divide the decedent’s estate justly by
A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of
Probate is a process of dispersion of Will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s
Many families become clueless about the stress that comes along with contested probate. So, it is always wise to appoint a probate lawyer near me.
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
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
