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Estate Planning

What is the seven year rule in inheritance tax in estate planning attorney?

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

Estate Planning

When does estate planning not work?

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

Estate Planning

What are the three ways estate planning can benefit a person

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

Estate Planning

Estate Planning for a Married Couple: How to do it?

It doesn’t matter if you are planning to get married, a newly married couple or have been married for the years you need an estate

Estate Planning

Estate Planning for Business

Business is one such field where the people are busy and they have literally no time for themselves. In the line of business, you think

Estate Planning

What questions to be asked before hiring a Probate Attorney

A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process

Estate Planning

Estate Planning for Singles

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

Estate Planning

What are the types of estate planning attorneys?

What is an estate planning attorney? Estate planning lawyers, also known as estate law lawyers or probate lawyers, are skilled and qualified legal experts with

Estate Planning

Will estate planning lawyers allow parents to bequeath property to their son?

It’s a callous decision for many couples to decide how to split up the family’s finances. But it’s not always easy to leave money for

Estate Planning

How does life insurance play a key role in estate planning?

There are five ways life insurance plays a crucial role in estate planning. With life insurance, you can ensure that your loved ones will have

Estate Planning

Why You Need an Estate Planning Lawyer

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

Estate Planning

How to save money when hiring a probate lawyer

Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public

Estate Planning

What is ancillary probate?

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

Estate Planning

How an Estate plan can help with financial power of attorney?

Estate planning The concept of estate planning refers to ensuring that the people and organizations you wish to leave your estate to do so in

Estate Planning

When do I need a probate lawyer?

What is Probate? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the

Estate Planning

How does an estate plan help with one’s last will?

Many spend more time planning vacations, choosing a car, and choosing a place to have dinner than planning property. After death, decide who inherits the

Estate Planning

What are the four important estate planning factors?

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

Estate Planning

Things to know before hiring an Estate Planning Lawyer?

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

Estate Planning

What are the steps for managing an estate planning

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 Planning

What happens if assets are found after probate?

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

Estate Planning

Is Estate Planning only for the Wealthy?

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

Estate Planning

Probate with no Estate Tax

Probate Probation is known as a legal procedure. Under probate, the assets of the person who has passed away are evaluated and supervised. Along with

Estate Planning

How can you assign a health care proxy in Estate planning?

A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It

Estate Planning

What Are The Benefits Of Working With A Probate Attorney?

Introduction The profound sense of loss of the loved one can be overwhelming. Therefore, when a family member dies, it is advisable to step back

Estate Planning

Things a person should know while opting for estate planning?

Real estate planning goes beyond making the will. Careful planning means collecting all your assets and ensuring they will transfer to the person or organization

Estate Planning

How do estate planning attorneys help in a revocable living trust?

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

Estate Planning

What types of assets cannot be placed in a trust?

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