The word ‘probate’ seems a complicated process that is not. This is a legal procedure of passing on the assets of an individual to the heirs after his / her demise. Probate is not essential for every case, but it depends on its type of property and current status. The probate law varies from one…
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Tidbit: You can ask your family members to contribute to a special needs trust. This way, you make it more robust. When we talk of a special needs trust, we are referring to nothing more than a traditional trust that instructs the trustee to get assets from the trust for the special needs of the…
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They say we don’t take anything with us while leaving this world. So, what will happen to the property that you have built up during your lifetime? It should be handed over to your close family members or relatives or anyone you want to. The process of transferring the assets from one to another is…
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When you set up a special needs trust, you should be ready to come up with clauses that will determine how the trust is handled. The clauses are required to make the trust what it needs to be for it to be regarded as complete. You have the option to include the clauses in the…
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Never take the selection of your Personal Representative lightly. He is the one who is going to take the responsibility of your entire estate. Thus, it is quite an important decision. While selecting a probate lawyer near me 11714, try to determine whether he has the following qualities. Probate Lawyer – Energetic And Go-Getter The…
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When a family member, someone needs to represent them in the court for the probate process. Therefore, the person appoints either their friend or a family member as an executor. The job of the executor is to act as a representative for the deceased. As an executor, you will be legally responsible for managing all…
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Medicaid is a program that gives health care access to those citizens that cannot pay for this type of care by themselves. This can be a health care facility, support group, or a physician. Given that the state and the federal government provide the care, many people have a minimal choice but to accept what…
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A supplemental needs trust is a legal tool that is used to help disabled people to retain more of their assets without giving up public benefits. These trusts were initially invented to enable the parents of kids with disabilities to provide for them without making them ineligible for public benefits. Typically, if you set up…
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When you hear the word probate, your mind automatically thinks about a lengthy and costly process. Nobody wants to spend their time on legal court. However, probate is a very common process when it comes to transferring the decedent’s estate to the beneficiaries. The main question is whether this probate process is necessary. The answer…
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Fact: Your trust will be more admissible if you work with a supplemental needs trust lawyer. A supplemental needs trust is an agreement that protects your special needs child from exploitation from other people, and also protects them from becoming ineligible for public benefits. The way you set up a trust will have lifelong implications…
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