
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
Home » Estate Lawyer » Page 4

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

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

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.

Introduction Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about

Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide

What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set

Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of

What is a Probate Attorney? To get to know what a Probate attorney is, we should first understand what probate means. Probate is the legal

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

Making plans for one’s demise is something that nobody wants to do. However, you must make many crucial choices that you shouldn’t delegate to your

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

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 is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out

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

Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing

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

Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.

The formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the

After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s

A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,

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

When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in

The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent

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

A person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many

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

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

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

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

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,