Estate Planning
When is Probate Necessary in New York?
One of the most common questions people tend to have after the passing of a loved one is, do we need to probate the estate?
Revocable Trust Attorney
FEATURES & NEWS
Estate Planning
What assets cannot become a part of a probate estate?
Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling
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 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
Estate Planning
Stepchildren and their rights for a probate
Probate is the judicial process whereby proving a will in a court of law. First, there is acceptance of the choice as a legitimate public
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 are the steps for managing an estate planning
Create an inventory of what you own and what you owe. Make a detailed inventory of your assets and liabilities, including account numbers and contact
Estate Planning
How does an estate plan help with one’s last will?
Many spend more time planning vacations, choosing a car, and choosing a place to have dinner than planning property. After death, decide who inherits the
Estate Planning
How estate planning lawyer help you in consolidating your assets?
Integrating the financial results of multiple subsidiary companies into the total economic performance of the parent company is known as consolidation accounting. When a parent
Estate Planning
Are probate attorneys necessary?
Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which
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
Who has the power of attorney if there is no will? How can an estate planning lawyer help a person in this case?
What happens in the absence of a will? Even if your loved one hadn’t left a will, their assets still need to pass through the
Estate Planning
What is trust?
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
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
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
What are the pitfalls of DIY probate?
One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,
Estate Planning
What is the probate of a will?
Probate of Will The High court grants probate with the court seal and a copy of the Will attached. A statement of legal intent that
Estate Planning
What is Estate Planning in Land law?
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,
Estate Planning
What Does an Estate Plan Include?
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
Estate Planning
Probate with no Estate Tax
Probate Probation is known as a legal procedure. Under probate, the assets of the person who has passed away are evaluated and supervised. Along with
Estate Planning
Who secures the probate attorney?
Are you thinking of getting into probate? First, you must think about how to go through all the procedures and who will secure a probate
Estate Planning
Does the probate attorney have the final say in probate?
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
During an estate planning lawyer process can a trustee sell the property without all beneficiaries approving?
A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or
Estate Planning
Is Estate Planning Only For the Wealthy?
After hearing the term estate planning, most people think it is just for the wealthy. People with a considerable amount of money are the ones
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
Why does a person need estate planning?
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
Estate Planning
How Estate planning attorney will help to split the inheritance?
People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets
Estate Planning
What Is Estate Planning?
As the name suggests, estate planning is a plan to deal with your estate. Estate planning is essential to manage your assets when you are
Estate Planning
How much money do you legally give as a gift to family members as per an estate planning lawyer?
Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified
Estate Planning
As per an estate planning lawyer, how much can you inherit from your parents without paying taxes?
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