
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
Home » estate planning tool

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

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 ensures that the persons or entities to whom an individual desires to leave their estate do so in the manner planned. Once everything

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

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

Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the

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

By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?

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

All individuals want to pass on a little fortune to their children or other loved ones. So they endlessly keep saving to make life somewhat

One of the leading estate planning strategies to secure your family’s future after your passing is to get life insurance within a trust. Your life

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

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

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

Introduction An estate planning attorney is a lawyer who practices in all areas of estate planning—their ability to craft thorough estate plans that will best

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

Understanding probate and probate attorney A certified copy of a will bearing the seal of a court with appropriate jurisdiction is called “probate.” Together with

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

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

What is Probate? Probate is the complete process of managing a deceased person’s estate. After paying taxes and bills, this entails organizing their money, assets,

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

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

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

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

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,

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

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

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

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,

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