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Estate Planning

What is the purpose of the trust in estate planning?

What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to

Estate Planning

When is Probate Necessary in New York?

One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the

Estate Planning

How much does a probate attorney charge

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

Do All Wills Go Through Probate?

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

Estate Planning

What are three types of trust in estate planning attorneys?

A trust is a great estate planning choice if you want legal protection for your assets. It guarantees that the will distributes assets, saves time,

Estate Planning

What is the difference between probate lawyer and corporate lawyer?

What is a Probate Lawyer? An estate lawyer, often known as a probate lawyer, will be involved in various ways depending on the specifics of

Estate Planning

Do estate planning attorneys execute the associated trusts?

The real estate planning process often goes without dispute. However, if the trustee’s plans or actions conflict with the testator’s intentions or the beneficiary’s expectations,

Estate Planning

What are the types of estate planning?

A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,

Estate Planning

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.

Estate Planning

How Estate attorney establish medical power of attorney

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

Questions asked before hiring an estate planning attorney

It’s understood below. Any lawyer may create a straightforward will for minor situations, such as naming the beneficiary of one’s 401(k). Still, experienced trust-and-estate lawyers

Estate Planning

How does estate planning help if you become incapacitated?

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

Estate Planning

How a Probate Lawyer Assists With the Estate

Estate attorneys and probate lawyers assist non-lawyer clients in carrying out their duties as executors, personal representatives, or administrators of estates. As they navigate the

Estate Planning

What questions to be asked before hiring a Probate Attorney

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

Estate Planning

How does a probate lawyer help in contesting a will?

No one likes to be out of their ancestors’ will. However, sometimes the person’s name is nowhere in the choice. Therefore, in those situations, there

Estate Planning

What is the software used by an estate planning lawyer?

Estate planning is deciding who will get your assets, estate, and personal belongings upon your death. This includes planning how much of your assets or

Estate Planning

How do probate laws work?

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

Estate Planning

What is the seven year rule in inheritance tax in estate planning attorney?

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

Estate Planning

What Are The Steps Involved In The Probate Process?

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

Estate Planning

What questions do you ask from an estate planning lawyer?

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

Estate Planning

Estate Planning Tips for A Married Couple

After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring

Estate Planning

What is the best way to leave an inheritance as per the estate planning lawyer?

Here is a few best way to leave an inheritance strategy to take into account, along with some considerations you should make as you decide

Estate Planning

What are the elements of Estate Planning?

Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you

Estate Planning

What does a probate attorney do when there’s no trust involved?

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

When should one hire an estate planning attorney?

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

Estate Planning

Who Pays The Probate Lawyer?

Handling the will of a deceased person is a complicated process. However, an experienced probate lawyer can help the family members with the probate process.

Estate Planning

What happens once grant of probate has been issued?

Probates are considered one of the most time-consuming and lengthy legal processes, which require tons of paperwork, court appearances, and background checks and can be