
How to prepare for your first estate planning Appointment?
Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries
Home » Estate Planning for non married

Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries

You need the best team to negotiate the world of wills, trusts, and powers of attorney. After all, planning a will and an estate is

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

What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to

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

A person’s estate comprises all their belongings and assets, such as real estate, buildings, gold, stocks, mutual fund investments, life insurance policies, money, bank accounts,

It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do

A will is a written document that specifies how one should divide and dispose of their property after passing away. A person creates a choice

What probate is: Probate is a legal procedure to validate a will. The general administration of a decedent’s estate or the estate of a decedent

Introduction Disinheritance can be a hard choice. Nevertheless, this is sometimes necessary for the well-being of the estate, family members, and the disinherited. For various

There are many steps involved in estate planning, such as deciding the best way to dispose of your assets, such as giving them to your

What is a Probate lawyer? There’s an old saying, ‘you can’t take it with you when you die.’ Therefore, someone has to be there to

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 plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so

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

As a small business owner, you have a lot of responsibilities. Your employees, your customers, and your company are just a few of the many

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

If someone had a death in the family, they might be confronting the probate. Probate is a legitimate formal cycle. It perceives whether a will

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. However, who has the right to be

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

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

For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,

Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as

The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A

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

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 lawyers are licensed legal professionals who specialize in the field of Estate planning. They have a clear and thorough understanding of federal and

Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

Nobody enjoys contemplating their demise. There are more than enough things to be concerned about without worrying. We wouldn’t have to worry about what would

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