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
Everybody goes through a critical, highly delicate stage of life called old age, which calls for equally tender care. But, as you age, there are
The much-loved Prince, a significant figure in the music industry, just passed away. The passing of this music legend highlights the need for estate preparation.
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
Create an inventory of what you own and what you owe. Make a detailed inventory of your assets and liabilities, including account numbers and contact
What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set
Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of
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
Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by
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
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
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
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
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
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
What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent
A probate session helps get a deceased person’s will to the rightful owner. A probate court, which has the legal authority to resolve issues relating
Probate Attorney & Approving Holographic Wills Probate is the Court that manages the dissemination of a departed individual’s property after passing. The probate court then
Introduction Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about
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
Estate planning lawyers, also known as estate planning attorneys, are attorneys with expertise in estate planning. They specialize in handling affairs related to probate, wills,
What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public
As a small business owner, you have a lot of responsibilities. Your employees, your customers, and your company are just a few of the many
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (UPC). UPC state specifically covers Trusts,
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.
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,
Introduction An estate planning attorney is a lawyer who practices in all areas of estate planning—their ability to craft thorough estate plans that will best
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
Probation can be an expensive and lengthy process. But what if you are a deceased relative and need access to the funds? The Probate Helper
All individuals want to pass on a little fortune to their children or other loved ones. So they endlessly keep saving to make life somewhat
