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
Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the
Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become
Integrating the financial results of multiple subsidiary companies into the total economic performance of the parent company is known as consolidation accounting. When a parent
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
It is certainly very hard to contemplate your very mortality and we completely understand it. But then there are some people who ensure that their
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
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
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
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
An estate planning lawyer, also known as an estate planning attorney, is a certified professional lawyer. They have expertise in estate planning. These lawyers’ primary
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
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,
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
The majority of estate planning errors typically fit into one of several categories. Every estate plan has different aspects, but the same issues and mistakes
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
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
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
Probate is a process of dispersion of Will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s
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
When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the
A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you
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
A probate session helps get a deceased person’s will to the rightful owner. A probate court, which has the legal authority to resolve issues relating
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
A Short Introduction About Probate The Indian Succession Act of 1925 gives probate. Probate is the copy of the Will certified by the court’s seal.
What is estate planning? Estate planning is creating legal documents to ensure that your assets are distributed according to your wishes. Estate planning can take
Becoming a qualified Probate Attorney can open a lot more opportunities for you. For example, the probate Attorney helps with estate planning after the person
From identifying the assets of the estate and beneficiaries to disbursing the identified assets and inheritances, probate lawyers ensure that everything functions explicitly as per
