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
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 Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might
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
What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically
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
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
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
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
Giving someone power of attorney enables them to make decisions on your behalf. These choices may be judicial, fiscal, or medical. There are numerous types
Real estate planning goes beyond making the will. Careful planning means collecting all your assets and ensuring they will transfer to the person or organization
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
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
Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which
Business is one such field where the people are busy and they have literally no time for themselves. In the line of business, you think
There are several questions to consider when writing a will. It would not be easy to anticipate every inquiry an estate planning lawyer needs to
Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.
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
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
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 a Probate Attorney? A probate lawyer is a qualified attorney who helps clients decide how to protect their assets after they pass away.
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 to ask a probate lawyer before choosing them? Selecting a probate lawyer can be a difficult task. The roles and responsibilities of the lawyer
Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will 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
Love makes us do lots of weird stuff. One such act of love is preparing a will. You assume that preparing a will before you
Becoming a qualified Probate Attorney can open a lot more opportunities for you. For example, the probate Attorney helps with estate planning after the person
Think about how helpless it would feel to be unable to make your own decisions, especially if you didn’t prepare for the worst-case scenario. In
Introduction The attorney will handle the will, probate, and other legal issues that arise. The probate attorney will also help with administering the estate and
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
