
What do you understand by the term ‘estate planning?
Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and
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Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and

Who is a probate lawyer? Every human being has to leave this World one day. There’s no denial in that. Every human being possesses some

International estate planning is more crucial than ever in the current world. It would be best if you had the counsel of an international estate

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

Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second

The probate process includes paying off the deceased’s debts and distributing the estate’s assets according to the will or state law. Probate lawyers, also referred

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

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

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

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

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

There are several advantages that including a trust in your estate plan can offer you and your loved ones, whether you’re wanting to avoid probate,

Who is a probate lawyer? When a person leaves the World, their assets must be dispersed and appropriately distributed per the directions they gave when

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

An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for

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

Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. A trust involves information on how investments

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

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

Estate planning The concept of estate planning refers to ensuring that the people and organizations you wish to leave your estate to do so in

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

A person’s estate comprises all their belongings and assets, such as real estate, buildings, gold, stocks, mutual fund investments, life insurance policies, money, bank accounts,

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

As a U.S. citizen, you will likely have assets you would like to safeguard if something happens to you. Estate planning attorneys can help you

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

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

Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court