
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.

What is trust? A trust is an estate planning tool that minimizes the estate and inheritance tax and saves your assets from probate; in a

What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to

Several factors affect the time the banks take to release money from a deceased person’s account after the probate. For example, suppose a report of

Estate planning is one of the most critical responsibilities that an individual has. What you do with your assets when you die is something you

Estate planning is deciding how a person’s wealth will be preserved, managed, and distributed after death. It also considers the management of personal assets and

You should think carefully about who will get your assets or the payment from your life insurance policy, as beneficiary designations cannot change or be

A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (UPC). UPC state specifically covers Trusts,

Understanding the probate lawyer: A probate lawyer is a state-licensed attorney who works with the executors and the beneficiaries of an estate to settle the

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

What is a Probate lawyer? There’s an old saying, ‘you can’t take it with you when you die.’ Therefore, someone has to be there to

Understanding Fixed and Discretionary Trusts and the role of a probate lawyer Trust agreements provide a wide range of advantages to both the settler and

Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified

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

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

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 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

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

Introduction An estate planning attorney is a lawyer who practices in all areas of estate planning—their ability to craft thorough estate plans that will best

Probate is the judicial process of proving a will by a court of law. Moreover, it is accepted as a legitimate public document that’s the

Probate begins soon after you lose your loved one. However, probate is a legal proceeding that validates a will to settle an estate. So, let

What is a Probate Attorney? Probate is administering a decedent’s estate according to their will or under state guidelines. A probate lawyer is a state-approved

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

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

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

The probate process includes paying off the deceased’s debts and distributing the estate’s assets according to the will or state law. Probate lawyers, also referred

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of

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

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

Introduction Disinheritance can be a hard choice. Nevertheless, this is sometimes necessary for the well-being of the estate, family members, and the disinherited. For various