
Estate Planning Tips for A Married Couple
After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring
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After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring

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. So,

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,

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

Introduction Wills by lawyers are usually best. But wills created and signed without the help of a lawyer will not be automatically invalidated. To be

The act of assembling all the papers you need to administer your estate and communicate end-of-life preferences is known as estate planning. Then, how to

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. A trust involves information on how investments

What is Estate Planning? Estate planning isn’t just for the wealthy and well-known. You still need a plan, even if you don’t have a six-figure

Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and

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

Probate begins soon after you lose your loved one. It is a legal proceeding validating a Will to settle an estate. But you might find

What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public

The term “probate” refers to the court assessment of the copy of the Will. Moreover, it is accompanied by a grant of administration of the

There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not

Ce or gain favor. You may need the Beneficiary’s consent to amend the trust deed as it was held in a 1956 court case. Beneficiaries

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

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,

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

Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by

Family, friends, and loved ones go through a sad and trying time when a loved one passes away. Additionally, those left behind frequently have to

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

Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling

If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through

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

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

Introduction You have an estate; did you know that? Everyone possesses one. According to the definition, an estate is everything you own, including all of

Life has no guarantee; no one knows what might happen the next second. It is possible that everything you have earned, saved, and worked so

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