
Do I Need an Estate Plan?
A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It

Introduction A will is an important document that designates who will be in charge of your estate and belongings in the event of your death.

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

Introduction: The probate litigation procedure offers information, counsel, and legal representation when contesting a will or trust. For example, contesting a will or trust that

After a person passes away, a probate filing is essential in the Surrogate’s Court in Brooklyn. The court will find out if there is any

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

When a family member or a friend dies, someone needs to represent them in the court for the probate process. Therefore, the person appoints either

The probate process includes paying off the deceased’s debts and distributing the estate’s assets according to the will or state law. Probate lawyers, also referred

Does one have to pay taxes if they receive an inheritance, as per an estate planning lawyer? Beneficiaries may be subject to inheritance taxes; most

Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial

What to ask a probate lawyer before choosing them? Selecting a probate lawyer can be a difficult task. The roles and responsibilities of the lawyer

What is Probate? Probate is the complete process of managing a deceased person’s estate. After paying taxes and bills, this entails organizing their money, assets,

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

What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent

Think about how helpless it would feel to be unable to make your own decisions, especially if you didn’t prepare for the worst-case scenario. In
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

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

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

Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance

You can save on a significant amount of time and money if you plan well in advance. This planning should be about what will happen

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

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

Estate planning is a susceptible process. Even one mistake can lead all your assets to doom. That’s why there are specific guidelines for inexperienced people
Who is a probate lawyer? When a person leaves the World, their assets must be dispersed and appropriately distributed per the directions they gave when

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.

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