
Estate Planning for Singles: Widowed, Divorced, and Never Married!
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.

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.

Myth No. 1: Probate Is ALWAYS Required for a Will. No, not all wills require a probate process. There are several exceptions to what must

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

Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where

What is a revocable trust? Forming trust is a straightforward process. First, you must set specific goals and meet your intended needs with the help

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

Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will

Introduction Imagine leaving all your wealth and money to your child or spouse and the creditors coming in and taking everything and leaving them nothing.

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,

The estate planning lawyer, also known as an estate probate lawyer, helps a person create a solid plan for handling the mentioned situations. Such lawyers

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

What is estate planning? Estate planning is creating a plan to distribute assets after a person’s death. The estate planning attorney can help you with

Everyone should consider estate planning sooner or later because it is the only way to guarantee that your end-of-life wishes should be carried out. Everyone

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

There are several advantages that including a trust in your estate plan can offer you and your loved ones, whether you’re wanting to avoid probate,

Who is a probate lawyer? Every human being has to leave this World one day. There’s no denial in that. Every human being possesses some

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

What does ‘to probate’ mean? The conceding of probate is the most vital phase in the lawful course of overseeing the home of a departed

Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second

All individuals want to pass on a little fortune to their children or other loved ones. So they endlessly keep saving to make life somewhat

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

A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get

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

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

Here is a few best way to leave an inheritance strategy to take into account, along with some considerations you should make as you decide

Giving someone power of attorney enables them to make decisions on your behalf. These choices may be judicial, fiscal, or medical. There are numerous types

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

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court

Are you a single, and you are reaching retirement soon? Well, then this is the right time for you to do some estate planning. Estate