
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
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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 Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be

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

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

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

Introduction Inheritance may be required. As a result, most people need to consult a probate lawyer at some point. Unfortunately, this cannot be easy. After

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

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

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

For “small estates,” almost every state now has expedited probate procedures or a chance to avoid it entirely. These transfer processes transfer the estate to

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

The American Judicial System handles estate matters with the help of probate law. The probate court deals with all the legal issues concerning the assets

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

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

Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure

Introduction Usually, a question wanders around the mind of almost all families who recently lost their close one “Does the probate attorney or executor have

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

Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where

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

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,

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

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

Estate planning is not just for Wealth. Even though we usually associate the word “estate” with the extremely wealthy. Everyone can gain from having an

What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both

The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A

A Short Introduction About Probate The Indian Succession Act of 1925 gives probate. Probate is the copy of the Will certified by the court’s seal.

Introduction The profound sense of loss of the loved one can be overwhelming. Therefore, when a family member dies, it is advisable to step back

What is trust? A trust is an estate planning tool that minimizes the estate and inheritance tax and saves your assets from probate; in a

Understanding the probate lawyer: A probate lawyer is a state-licensed attorney who works with the executors and the beneficiaries of an estate to settle the

In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or