
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 Attorney Page 2
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
Usually, people do not feel the need to consult a probate lawyer to draft a will. There is nothing wrong with that. You can well
What is a will? A will is a legal document that details the wishes of the deceased. It is the last will of the individual.
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
State the types of power of attorney that an estate planning lawyer process The five types of power of attorney and estate lawyer processes listed
A Probate lawyer concentrates on wills, trusts, and estate planning, although they have vastly different areas of knowledge. Transactional lawyers take care of legal formalities
To understand how to avoid probate, we need to understand what probate is and the role of a probate lawyer in Kings County. Probate is
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
The security of both assets or property and your family is essential. This estate plan can help you with a smooth estate plan. So, let
Probate is the judicial acceptance or validation of the Last Will of a person who had recently died, by the court of law. The first
What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to
The legal document known as a will specifies what will happen to your possessions after death. If you pass away without making a will, a
What is a Probate Attorney? A probate lawyer is a qualified attorney who helps clients decide how to protect their assets after they pass away.
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
Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the
When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend
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
Uniform probate code The National Conference of Commissioners on Uniform State Laws (NCCUSL) drafts the Uniform probate code. NCCUSL tends to govern inheritance as well
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
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 a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to
Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure
A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults
Saving money in a probate case and estate planning is essential when you don’t have too much to spend. You must be aware of all
The probate process Probate is the procedure where the probate court authorizes the estate representative to speak and act on behalf of the estate. This
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
An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll
Planning and structuring one’s assets go a long way in providing the mental satisfaction of its possessor and their loved ones. To add to the
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
When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s