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Estate Planning

Is Estate Planning only for the Wealthy?

When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the

Estate Planning

Is there any link between life insurance and estate planning?

For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,

Estate Planning

What is an estate planning process?

The term ‘estate’ accounts for an individual’s personal and financial belongings. Moreover, they ensure that everything happens as they wish in a legal and structurally

Estate Planning

Estate Planning for Business

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

Estate Planning

Why do you need a Probate Lawyer?

Probate Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might

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

Do you need a Probate after your Spouse’s Death?

Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by

Estate Planning

What are the problems with probate in the United States?

Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,

Estate Planning

How does an estate plan contribute to retirement savings?

People devote their first years of employment to caring for and supporting dependents. They don’t begin to consider and plan for retirement until they are

Estate Planning

Terms to know before hiring an estate planning attorney

As you age, it’s important to have a strong estate plan to feel secure, knowing that your belongings and family will be cared for after

Estate Planning

Estate Planning for Business: Why it is Important?

Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to

Estate Planning

What does estate planning include?

Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want

Estate Planning

What are the four components of an estate planning attorney?

The majority of people avoid talking about estate planning. After all, it can be unsettling to consider your mortality and what you want to happen

Estate Planning

What are the main duties of a probate lawyer?

What is Probate Probation is both legal as well as a financial process. This probation process occurs when someone dies and leaves their asset and

Estate Planning

Can someone hire a probate attorney if the person is living outside the state?

Introduction If your loved one dies in another state, you may wonder if you need to hire a probate lawyer to help settle their property.

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 most important aspect of estate planning?

When it comes to estate planning, it can be hard to know the most critical aspect of creating a will. Several factors to consider when

Estate Planning

Probate: Inventory Assets and other items

The legal procedure that follows a decedent’s death is referred to as probate. It establishes the distribution of the decedent’s estate. However, the probate inventory

Estate Planning

What are the three types of legal estate planning?

Estate planning is the preparation of an official document. It states who will handle and own an individual’s assets after death or incapacitation. It involves

Estate Planning

What types of assets cannot be placed in a trust?

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

Estate Planning

During an estate planning lawyer process can a trustee withdraw money from trust account?

It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do

Estate Planning

Difference between Estate Planning Lawyer and Probate Lawyer

A probate lawyer’s job is to ensure that any property goes to its rightful heir and avoid any dispute. However, an estate planning lawyer/attorney counsels

Estate Planning

What is ancillary probate?

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

Estate Planning

Importance of hiring a probate lawyer?

Understanding the benefits of seeking professional assistance when making a will or taking responsibility for managing the deceased’s property is essential. Hiring a probate lawyer

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.