
Give an example of an adverse consequence that can result from the lack of estate planning
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.
Home » Estate Planning » Probate » Page 5

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.

212.596.70.39 Share This Post More To Explore Subscribe to our Newsletter

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 Estate planning attorneys usually oversee the creation of living trusts. A living trust is a legal document that holds a person’s assets and property

What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to

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

Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,

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

There is no life expiration of the valid wills. But then, what happens when the probate attorney discovers the Will after the probate? Then, the

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

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

State the types of power of attorney that an estate planning lawyer process The five types of power of attorney and estate lawyer processes listed

People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets

Do you want to safeguard your estate and your loved ones? Do you want to avoid a drawn-out probate process? Then you will want to

Estate planning is a good choice if you own a business and if you are worried about the future of it. A lot of people

Creating an estate plan entails deciding who will ultimately inherit your assets. If you cannot manage your affairs independently, it also specifies how you would

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

The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what

Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will

A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient

Introduction Usually, a question wanders around the mind of almost all families who recently lost their close one “Does the probate attorney or executor have

Children are the most beautiful thing which can ever happen to a family. We all start getting worried about the future and security of our

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

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

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

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

Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want

Introduction: The probate litigation procedure offers information, counsel, and legal representation when contesting a will or trust. For example, contesting a will or trust that

An executor who does not report theft from an estate before inventory commits theft by stealing property from it before inventory is conducted. According to

Many spend more time planning vacations, choosing a car, and choosing a place to have dinner than planning property. After death, decide who inherits the