
Difference between estate planning and probate attorney
What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both
Home » Discretionary Trust

What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both

The formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the

Estate planning attorneys are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal and

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. So,

Introduction The term Probate Attorney refers to a probate lawyer. They help non-legal counselor clients to satisfy their responsibility as administrators, individual representatives, or executors

When a family member or a friend dies, someone needs to represent them in the court for the probate process. Therefore, the person appoints either

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

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

Being parents has always been a tough job. Taking care of your children and making sure that they are safe, has always been the primary

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

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

What Are Estate Planning components? A will, guardianship designations, healthcare powers of attorney, beneficiary designations, durable powers of attorney, and a personal letter of intent

What is a revocable trust? Forming trust is a straightforward process. First, you must set specific goals and meet your intended needs with the help

Probate is the judicial acceptance or validation of the Last Will of a person who had recently died, by the court of law. The first

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,

Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court
When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s

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

Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify

What is Probate? It is the examination and transfer of an estate’s assets that belonged to a deceased person in the past. A probate court

More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed

A will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a

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

Want to appoint someone as the executor of the estate you possess? This means you have complete trust in that individual. You make that individual

What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to

212.596.70.39 Share This Post More To Explore Subscribe to our Newsletter

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

Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become