Creating a will is the best thing you can do when you are planning your estate. It doesn’t matter how old you are, or what your economic status is, everyone should have a will before they die. A will can help your family to avoid the hardship of the probate court in the future. With…
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With the rise of the digital age, many people like doing everything online using their mobile phones or computers. With the change in the era, even the attorneys have started to enter the digital world. No matter what legal problems you are, you can easily find a solution online. Nowadays, people can make their estate…
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Whenever a loved one dies, there is a high chance that their estate will go through the probate court. Probate courts are necessary to make the transfer of all the properties to their rightful heirs. The whole probate process can be complicated and can last for months if no documents are in order. Therefore, everyone…
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The fast-pace of technology is coming to the forefront in the form of digital assets. Digital assets are the latest inclusion in the asset category owned by the current generation. During your lifetime, you might have acquired digital assets. These include: videos, pictures, blogs, websites, recordings, digital currency, credit cards, online banking, investments, and so…
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You buy life insurance and prepare a Will in case of any misfortunes that may occur. Contradictorily, Life insurance is a lifesaver. It is especially important for family members who are dependent on only one source of earning. However, after your demise, your family may not be in a state to approach the insurance…
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Have you taken a significant amount of loan, but worried if you can repay the debt within your lifespan? Usually, after your demise, all your assets are inherited by your heirs, and so are your debts. What if the loaner gives a harrowing time to your family who is incapable of repaying your debts? …
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Sometimes, don’t you wish that life was simpler? Yet, life after your death is far more complicated for your family, spouse, or beneficiaries. You appoint a lawyer. Subsequently, you ensure that your will is in place well ahead of your bidding the final farewell to the world. You do so much to secure your loved…
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Can you imagine paying taxes on assets even after your death? Inheritance tax is applicable when you receive the asset’s ownership from a person who dies. Thus, inheritance tax is also called death tax or death duty. If you are a resident of any of these six states- Maryland, New Jersey, Pennsylvania, Iowa, Kentucky, and…
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The process to determine the legal fate of an estate belonging to a deceased person is not an easy task. A human has left for his heavenly abode, and now the law has to decide the lawful inheritance. The probate laws ensure that the deceased person’s descendants receive equal amounts of the said person’s possessions.…
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Probate is the process courts use to verify the Will you have left behind. The assets that are in your estate are usually considered for probate. A probate attorney near me 11771 can ensure that you keep as many assets you can out of the probate process. The assets that have no way to pass…
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