Biden Plan Estate Planning Advisory for 2021
After President-Elect Joe Biden’s Electoral College victory over President Donald Trump, the nation’s eyes were largely focused on the two US Senate run-off elections in Georgia, which determined the makeup of the US Senate for the coming years and, with that, affected the likelihood of the enactment of President-Elect Biden’s tax agenda and other initiatives. […]
4 Categories of power-0f-attorney, Enlightened
The 4 categories of POA are important tools in estate planning serving the general purpose of ensuring your wishes are honored and your estate plan objectives fulfilled. In a scenario you are not in a capacity to decide for yourself, a power-of-attorney deed permits you to assign an agent to decide over your affairs. These […]
How to use Probate records in your genealogy research
Probate Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the distribution of […]
Most Important Documents in an Estate Plan
Contrary to what most people believe, estate planning involves more than drafting a will. A well drafted estate plan consists of other important legal documents such as a power of attorney, health care power of attorney, letter of intent, beneficiary designation, etc. Below, we have highlighted some of the most important documents in an estate […]
What The Wealthy Are Doing With Their Estate Planning During
Their Estate Plan Ever since coronavirus has been infesting whole neighborhoods around the world, the wealthy have been prepared in case something destructive like this occurs. To prepare for the worst the wealthy or anyone else rich in mind have already set up an estate plan. And estate plan is something that protects all your […]
A step by step guild to Probate
What is Probate? Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the […]
The importance of estate planning
The importance of estate planning cannot be overemphasized. Without this plan, your loved ones will find it hard to access your assets. Dying intestate (without a will) means that your assets will be shared based on the intestate laws of your state, and I bet your wishes doesn’t conform to these laws. Below we have […]
3 Must-Have Estate Planning Documents to Get Done This Year
BY THE EMD OF THE YEAR, YOU SHOULD HAVE: THE FIRST DRAFT OF YOUR WILL With at least the first draft of your Will, your lawyer can show you the amount of assets you can use or even add toward your estate plan. A draft can save you and your family from less debts than […]
Form a Revocable Trust to Avoid Probate of Your Property
Probate Probate is a legal process carried out by the probate court to validate the last will and testament of a deceased person. The process of probate involves many steps which include filling a request to the probate court to commence the probate process, enlisting of the probate assets of the deceased person, locating and […]
Probate Court
What Is Probate Court? Probate court is a focused type of court that deals with the property and debts of a person who has died. The basic role of the probate court judge is to assure that the deceased person’s creditors are paid, and that any remaining assets are distributed to the proper beneficiaries. The […]