
Difference between Estate Planning Lawyer and Probate Lawyer
A probate lawyer’s job is to ensure that any property goes to its rightful heir and avoid any dispute. However, an estate planning lawyer/attorney counsels
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A probate lawyer’s job is to ensure that any property goes to its rightful heir and avoid any dispute. However, an estate planning lawyer/attorney counsels

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

What is a Probate lawyer? There’s an old saying, ‘you can’t take it with you when you die.’ Therefore, someone has to be there to

What is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to

A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

Are you a single, and you are reaching retirement soon? Well, then this is the right time for you to do some estate planning. Estate

When there is no trust, the probate procedure results in a court order specifying how assets will be distributed to the heirs. The family must

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

Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning. They have a clear and thorough understanding of federal and

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 is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out

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

Estate planning is deciding who will get your possessions after your death. With a focus on minimizing taxes, your beneficiaries can keep more of your

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

Having an estate plan is important for everyone. It doesn’t matter if you are young, or you don’t have a lot of assets because it

In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written

One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,

Estate planning is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging

A person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many

Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify

No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there

Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after

Role of the Probate Attorney in a will? Will is a legal document that a person or individual drafts. To express their wishes on how

Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be

A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get

There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not

The probate process Probate is the procedure where the probate court authorizes the estate representative to speak and act on behalf of the estate. This

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.

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

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