
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

Introduction You have an estate; did you know that? Everyone possesses one. According to the definition, an estate is everything you own, including all of

When a person inherits any estate from his parents after the death of his parents, then that estate inherited by the person could be subjected

When you live in NYC, and if you die without leaving a will, things can actually get complicated for your family members. Before you die

Suppose a person passes away leaving behind his/her last will mentioning how his/her assets will be distributed among his/her family members. The beneficiaries will not

A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient

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
Uniform Probate Code There is a set of probate codes of laws on all issues related to the Will and estates. The code, created to

Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public

Nobody enjoys contemplating their demise. There are more than enough things to be concerned about without worrying. We wouldn’t have to worry about what would

A fiduciary is someone who agrees to act on behalf of and in favor of another. Fiduciary’s role is mainly to manage their finances. The

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

Nobody in this world can avoid death. When the person dies, the distribution of the deceased person’s assets takes place through the probate court. Therefore,

Probate has always been considered a nerve-racking process that takes time and effort and costs a lot. That’s why many people are afraid of probate
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

You can save on a significant amount of time and money if you plan well in advance. This planning should be about what will happen

Most people are aware of the need to use a will to leave property to their loved ones after death. You may believe that having

What is a Probate Attorney? A probate lawyer is a qualified attorney who helps clients decide how to protect their assets after they pass away.

Probate is a legal process that serves to verify that the deceased owned the mentioned assets in the probate. It is a process that includes

What is Probate? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the

Probate is the legal process necessary to deal with one’s property, assets, money, and any other last wish after death. Executors issue the probate of

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

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

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 Probate lawyer concentrates on wills, trusts, and estate planning, although they have vastly different areas of knowledge. Transactional lawyers take care of legal formalities

Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as

The majority of estate planning errors typically fit into one of several categories. Every estate plan has different aspects, but the same issues and mistakes

Everyone should consider estate planning sooner or later because it is the only way to guarantee that your end-of-life wishes should be carried out. Everyone

Giving someone power of attorney enables them to make decisions on your behalf. These choices may be judicial, fiscal, or medical. There are numerous types