Estate planning is more than just drafting a will. In the planning process, accounting for all assets and ensuring that the transfer is smooth to your loved ones are the two most important things. While implementing the plan, you have to ensure that everyone knows about it and has understood their wishes. Are you here to learn the basic steps
Planning your estate at the right time is very crucial, irrespective of the asset size. But having a clear plan for your estate will not serve the purpose. So you need to have a proper understanding and write them down in the form of a Will. If required, you can also contact a family Will lawyer and discuss the crucial
It’s a common misconception that it is an attorney’s job to deliver the inheritance to a Will’s beneficiary. In reality, most Wills name an Executor – often the spouse or a trusted friend – who is then appointed by the probate court to be in charge of distributing the assets. If the decedent doesn’t have a Will, then the
Estate planning plays a pivotal role in protecting your loved ones and your legacy. While some may think a beneficiary is only important where a Will is involved – did you know you should also be naming beneficiaries on your bank accounts? If you didn’t, here are some vital facts about beneficiaries that you should know. First, a beneficiary
Why is the Probate Process Dangerous? Many people think having a Will is enough to protect their assets, but a Will is best used as a last resort rather than your primary plan. Over our two decades of helping people create their estate plans, we’ve seen a lot of probate cases that sadly resulted in the heirs losing control
Elder law refers to a specialized area of law that focuses on the legal issues affecting older individuals and their families. It encompasses a wide range of legal matters that are relevant to the elderly, including estate planning, long-term care planning, guardianship, conservatorship, healthcare decision-making, Social Security, Medicare, Medicaid, and other government benefits, elder abuse, and age discrimination. Elder law
