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.
What is Probate? It is the examination and transfer of an estate’s assets that belonged to a deceased person in the past. A probate court
Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure
Rarely, but occasionally, it may be permissible to leave some of your assets to your children. So, how can one give an inheritance while they
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
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
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
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
Life has no guarantee; no one knows what might happen the next second. It is possible that everything you have earned, saved, and worked so
There are many steps involved in estate planning, such as deciding the best way to dispose of your assets, such as giving them to your
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
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
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
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,
A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process
Being parents has always been a tough job. Taking care of your children and making sure that they are safe, has always been the primary
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
There is a widespread misunderstanding regarding wills, estate handling, and the probate procedure. Many individuals believe that a will must always go through the probate
Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate
Introduction A will is an important document that designates who will be in charge of your estate and belongings in the event of your death.
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
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
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
Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so
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
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
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
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
Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the
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
