
How much money do you legally give as a gift to family members as per an estate planning lawyer?
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
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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

International estate planning is more crucial than ever in the current world. It would be best if you had the counsel of an international estate

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

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

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
Uniform Probate Code There is a set of probate codes of laws on all issues related to the Will and estates. The code, created to

After the death of a person, the decedent’s estate undergoes the probate process. It is a process that helps divide the decedent’s estate justly by

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

When someone dies, no assets can be under their name. When a person dies, the law requires these assets to go to their new rightful

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

A fiduciary is someone who agrees to act on behalf of and in favor of another. Fiduciary’s role is mainly to manage their finances. The

One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the

Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second

One can request without consulting a lawyer. However, there are certain risks. Probate is the legal procedure for settling someone’s estate (their property, possessions, money,

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

When a person dies, assets must be distributed appropriately by applicable state laws and the instructions outlined in their will when alive. A probate lawyer

Every person owns some property and assets in the form of real estate, bank accounts, stocks, etc. Have you ever thought about what will happen

Estate planning helps in jointly owned property by ensuring a plan in place for the distribution of property in the event of death. The program

As you get older, having a secure estate plan is essential to know your property and family will be taken care of when you are

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

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

Estate planning is a good choice if you own a business and if you are worried about the future of it. A lot of people

A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,

Handling the will of a deceased person is a complicated process. However, an experienced probate lawyer can help the family members with the probate process.

When a person dies, a person should present the estate of the deceased in the probate court. Probate is a court process to authenticate the

We all know that Covid-19 has created a lot of problems in a lot of people’s lives. Even basic tasks like shopping for groceries have

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

When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there

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