Estate Planning
When is Probate Necessary in New York?
One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the
Probate Payment
FEATURES & NEWS
Estate Planning
Is the probate process simple or complicated?
Probate is the judicial process of proving a will by a court of law. Moreover, it is accepted as a legitimate public document that’s the
Estate Planning
Is there any link between life insurance and estate planning?
For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,
Estate Planning
What is an estate planning process?
The term ‘estate’ accounts for an individual’s personal and financial belongings. Moreover, they ensure that everything happens as they wish in a legal and structurally
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 are the best skills of a probate lawyer?
The three payment options for probate attorneys: The costs will vary depending on the attorney’s experience, the standard rate in the region where the attorney
Estate Planning
What assets cannot become a part of a probate estate?
Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling
Estate Planning
Is Estate Planning only for the Wealthy?
When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the
Estate Planning
How Estate Planning will help you with debts and expenses
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
Estate Planning
Stepchildren and their rights for a probate
Probate is the judicial process whereby proving a will in a court of law. First, there is acceptance of the choice as a legitimate public
Estate Planning
Does the probate attorney have the final say in probate?
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
Estate Planning
When Is Probate Estate Administration not necessary?
When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in
Estate Planning
The Cost to hire a Probate Lawyer
The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A
Estate Planning
How can a beneficiary remove a trustee with the help of an Estate Planning Lawyer?
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
Estate Planning
What is the seven year rule in inheritance tax in estate planning attorney?
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
Estate Planning
What are the estate planning essentials?
Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide
Estate Planning
Is Probate Required if There is a Will?
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
What is the difference between a tax lawyer and a probate lawyer?
Probate is the judicial process whereby one proves a will in a court of law and accepts it as a valid public document. A probate
Estate Planning
Do Probate Attorneys require trust, estate and will for the case?
Introduction The court uses state law to distribute the assets if the deceased didn’t leave a will. Having a last choice would have facilitated the
Estate Planning
What are the three types of legal estate planning?
Estate planning is the preparation of an official document. It states who will handle and own an individual’s assets after death or incapacitation. It involves
Estate Planning
What are the types of estate planning attorneys?
What is an estate planning attorney? Estate planning lawyers, also known as estate law lawyers or probate lawyers, are skilled and qualified legal experts with
Estate Planning
What is the difference between a probate attorney and a litigator?
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
Estate Planning
Difference between Probate Lawyer and Real-Estate Lawyer
The difference between a probate lawyer and a Real-Estate Lawyer can be made by thinking of it related to the before and after terms. Usually,
Estate Planning
Will estate planning help to designate a beneficiary?
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
Estate Planning
How quickly a probate can be granted?
Probate is a legal procedure of making the estate settled belonging to a deceased individual. If the individual leaves a will behind and a testament,
Estate Planning
Who is not eligible as a beneficiary of the trust, as per the estate planning lawyer?
Ce or gain favor. You may need the Beneficiary’s consent to amend the trust deed as it was held in a 1956 court case. Beneficiaries
Estate Planning
What are the three ways estate planning can benefit a person
An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll
Estate Planning
What is elder estate planning stated by an estate planning lawyer?
Elder estate planning ensures that senior citizens have long, healthy, and secure lives. Typically, it entails planning for future medical requirements, including long-term care. A
Estate Planning
What are the steps for managing an estate planning
Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your
Estate Planning
Explain types of wills in estate planning?
Will is a legal document in which a person specifies how their assets will be divided, allocated, and utilized after they pass away. Everyone living