Estate Planning for Singles: Widowed, Divorced, and Never Married!
If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.
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If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.
What is Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,
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
In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written
By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?
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
What is Probate? Probate is the lawful authentication and validation of a will. Moreover, the general administration of a decedent’s estate or the estate of
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
Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual
A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you
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
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,
Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds
There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not
What is probate? Probate indicates that there is a court proceeding involving: In a probate case, the court appoints an executor (if there is a
Probate begins soon after you lose your loved one. It is a legal proceeding validating a Will to settle an estate. But you might find
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
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
Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your
Estate planning is deciding who will get your possessions after your death. With a focus on minimizing taxes, your beneficiaries can keep more of your
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 is planning for the future today. It is your ability to take control of future decisions and empower others to assist you with
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
Who is a Probate Lawyer? A probate lawyer is an attorney who specializes in all facets of probate law. They will have previous expertise in
Estate planning is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging
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
Probation can be an expensive and lengthy process. But what if you are a deceased relative and need access to the funds? The Probate Helper
Estate planning helps in jointly owned property by ensuring a plan in place for the distribution of property in the event of death. The program
Although the beneficiary designation is a crucial step in estate planning, it is handled separately from your actual estate plan. Additionally, if the provisions in
Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. I have