
Is Probate Mandatory To Transfer Property?
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
Home » Blog About Estate Planning

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

Probate has always been considered a nerve-racking process that takes time and effort and costs a lot. That’s why many people are afraid of probate

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

Before diving deep into whether a bank can release funds without Probate, we first need to understand what Probate is. What is Probate? Probate is

People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets

Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after

A probate process is when a judge hears the case of a will. This magistrate is a probate court magistrate. The probate procedure establishes the

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

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

An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for

What is Probate? Probate is the lawful authentication and validation of a will. Moreover, the general administration of a decedent’s estate or the estate of

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

Understanding the benefits of seeking professional assistance when making a will or taking responsibility for managing the deceased’s property is essential. Hiring a probate lawyer

A living trust is created while the founder is still alive. They can make all sorts of changes before they die. Living trusts are effective

The term ‘estate’ accounts for an individual’s personal and financial belongings. Moreover, they ensure that everything happens as they wish in a legal and structurally

You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key

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

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

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

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

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 Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,

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

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

When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.

After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s

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

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,

Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should

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