
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 » Page 2

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.

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

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

Probate is the judicial process whereby the court proves the will. The court accepts the legitimate public document that’s true to the last testament of

The estate planning lawyer, also known as an estate probate lawyer, helps a person create a solid plan for handling the mentioned situations. Such lawyers

An estate planning lawyer, also known as an estate planning attorney, is a certified professional lawyer. They have expertise in estate planning. These lawyers’ primary

Who is a probate lawyer? A state-licensed attorney who assists the beneficiaries and executors of an estate in settling the decedent’s affairs is known as

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

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

Probate may be complicated, especially if the deceased had a considerable estate. When probate is over, the executor or administrator must file a final account

A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice

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

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

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

The probate process covers every aspect of estate administration. It includes validating the will to settle the deceased’s estate and appointing an estate administrator. Moreover,

What is the online Probate application system? Probate refers to a will’s certified copy with a court’s seal of authority. When approved, the online probate

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

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

Probate of Will The High court grants probate with the court seal and a copy of the Will attached. A statement of legal intent that

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

Understanding Fixed and Discretionary Trusts and the role of a probate lawyer Trust agreements provide a wide range of advantages to both the settler and

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

Think about how helpless it would feel to be unable to make your own decisions, especially if you didn’t prepare for the worst-case scenario. In

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

Introduction Disinheritance can be a hard choice. Nevertheless, this is sometimes necessary for the well-being of the estate, family members, and the disinherited. For various

The formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the

Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries

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

Introduction Divorce is a long and complicated process that may result in one or both spouses being left with few assets. The other spouse may

Suppose your estate planning attorney is preparing an estate plan for you. Then the value of your estate is probably one of the critical factors