Estate Planning
What happens if you don’t apply for probate?
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
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Do I need an Estate Plan?
A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults
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How does probate work in the USA?
The American Judicial System handles estate matters with the help of probate law. The probate court deals with all the legal issues concerning the assets
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Who determines if probate is necessary?
What Is Probate Probate is a legal procedure through which assets are passed legally. Moreover, the probate process is considered to be problematic in the
Estate Planning
How much money do you legally give as a gift to family members as per an estate planning lawyer?
Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified
Estate Planning
Guidelines for estate planning executors and trustees
Estate planning is a susceptible process. Even one mistake can lead all your assets to doom. That’s why there are specific guidelines for inexperienced people
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Is probate always required for real estate?
Probate is the legal process necessary to deal with one’s property, assets, money, and any other last wish after death. Executors issue the probate of
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Do trust beneficiaries pay taxes? What role does an estate planning lawyer play here?
Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as
Estate Planning
During an estate planning lawyer process can a trustee sell the property without all beneficiaries approving?
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
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Estate planning lawyer
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,
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As per the estate planning attorney’s advice who owns the property in trust?
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
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Different roles and responsibilities of estate planning
Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should
Estate Planning
How to apply for probate?
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
Estate Planning
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
Estate Planning
What is an irrevocable trust in an estate planning attorney?
In contrast, the conditions of an irrevocable trust are final as soon as the document is signed. An irrevocable trust in an estate planning attorney
Estate Planning
Why does Probate Lawyer cost vary from state to state?
Probate lawyer costs- The probate lawyer is licensed and specialized in probate matters. The probate lawyer fees are also estate lawyer fees. One pays these
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What are the Pros and Cons of Hiring a Probate Attorney
Hiring a probate attorney can be a tough decision. There are a lot of factors to take into account. The followings are some pros and
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Can A License of A Probate Lawyer Get Canceled? If Yes, How
When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s
Estate Planning
Estate Planning for Pets: Why You Need To Do It?
It is certainly very hard to contemplate your very mortality and we completely understand it. But then there are some people who ensure that their
Estate Planning
How do Probate Attorneys protect unmarried partners during estate planning?
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
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How to distinguish between an experienced and a new Probate lawyer?
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
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How Estate attorney establish medical power of attorney
Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become
Estate Planning
When should you start estate planning?
Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure
Estate Planning
What is a durable power of attorney for advanced health stated by an estate planning lawyer?
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
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Can a beneficiary challenge a trustee during the procedure of an estate planning lawyer?
A trust might be challenged for many of the same reasons as a will, such as a lack of testamentary ability, improper influence, or required
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What are the costs associated with probate?
A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to wills
Estate Planning
Estate Planning for a Married Couple: How to do it?
It doesn’t matter if you are planning to get married, a newly married couple or have been married for the years you need an estate
Estate Planning
Is a probate lawyer the same as an estate attorney?
When a person dies, assets must be distributed appropriately by applicable state laws and the instructions outlined in their will when alive. A probate lawyer
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What document does one need for estate planning?
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,
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When does a probate apply?
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