Filing for probate is a morbid process in itself. Surely losing a loved one is already hard for the family, and filing for probate going through the grief can be tricky. You need to make sure many things are on point if you want to get it right. To start things off, probate is the…
In the articles section you can find blogs that discuss all areas of Estate Planning. By going to the articles section and reading some of the blogs you are able to better educate yourself on the different products and concepts of estate planning.
Estate Planning includes:
- Planning for pass through of assets upon death,
- Planning for minors (Setting up guardianship designations or special needs trusts),
- Utilizing tax mitigation strategies (for example the current gift tax exemption),
- Creating a form of asset protection (from creditors and predators or as a form of marital asset protection),
- Setting up healthcare proxies ( giving someone your trust the ability to make healthcare decisions for you in the event you are unable to do it for yourself),
- Setting up Power of Attorney (enabling someone to make executive decisions regarding your assets and finances in the event you are unable to and it is necessary),
- Medicaid or Retirement Planning (Divesting yourself of assets to qualify for Medicaid or Government subsidies),
- End of life planning using living will or last directive (Indicating burial requests and tube feeding or resuscitation in the event it is necessary).
In the articles section we have gone ahead to make it easier for you to find the topic of interest by creating subcategories. Our goal is to make it simple and easy for people to come to our website in order to educate themselves about the different types of trusts for example Revocable Trusts and Irrevocable Trusts or Special Needs Trusts and Supplemental Needs Trusts.
In the articles section you will find the following subcategories:
In this section you can find a broad stroke of articles/blogs covering all topics related to creating and understanding an estate plan.
A very common concern for people with families or high risk professions for example doctors, lawyers, policemen, firemen, accountants and so on. Newlyweds seeking marital protection and people with large cash liquidity might also be worried about their exposure and seek asset Protection.
At some point in our lives we are done working and are ready to retire and want to know the best practices for retiring. Here you can learn about pass through of assets, divesting of assets and planning for your final days.
Here you can learn about tax mitigation strategies.
Here you can learn about assigning guardianship for minors or assuming guardianship over a loved one who is mentally handicapped.
Everyone wants to plan for events while they are alive and not just after death learn more here.
What happens when someone dies or passes away with a Will.
Flexibility when it comes to planning.
The different types or forms of trusts and their uses.
Planning for Medicaid and Retirement.
Special Needs Trust
Planning for people with disabilities.
Planning for pass-through of assets.
Will and Trust
Different uses of having both documents a Will and some form of Trust.
If you are shopping around or look for ways to vet an Estate planning Attorney/Lawyer and wish to better educate yourself on the topic the articles section is for you.
Probation is a process of executing or implementing the will of a person after he/she dies. The will gets executed according to the instructions of the deceased. Through the probate process, the worldly possessions of the deceased get transferred to its beneficiaries. The will mention the ratio of distribution among the beneficiaries. Persons should consider…
Probate is a process which gets supervised by the court. It is the process of authenticating the will or testament of the deceased. But, in some cases there might be no will left by the deceased however, it didn’t stop the probating. The process includes locating the assets of the deceased and determining their value.…
Adapting to misfortune when a relative passes away isn’t simple. That sadness can be more difficult to handle when you’re the person who needs to figure out, how to discard the deceased estate. Before you start selling the belongings or give away the vehicle, you’ll have to adhere to the correct procedures and find out…
Considering probate a complicated process, going through it during the grief of losing a loved one is difficult. On top of that, sometimes the process goes for so long that it becomes a burden for the deceased’s family. So, everybody wants to know the duration of probating before starting with the process. But, it is…
Generally, we term probate as a process that executes the will of the deceased legally. But probate is also possible in cases where there is no will left by the deceased. Because probating is the only way to transfer the assets of the deceased to his/her heirs. Probating also helps in resolving the debts and…
Once a person dies, all his assets and property needs to go through court proceedings. Such procedures are a Probate process. It is the only process through which investments can pass on to beneficiaries. But all the acids are not subject to the probate process. Hence firstly determine if your assets need to go…
Generally, a probate case is a bit complicated court process. The process includes many paper works and legal problems. Sometimes, the difficulties are too hectic to handle. Here comes the necessity of legal help for the estate settlement case. What Is A Probate Process? The probate process is a court case through which the…
The procedure of proving the last Will of a person under court supervision is known as the probate process. Huge amounts are spent in the court proceedings and also to hire an attorney. One way to avoid probate and reduce costs is to distribute the estate properly amongst the nominees. Another way to avoid the…
As everyone has life, one day, everyone will eventually die. To protect the assets and the myriad of properties individuals have, one must invest in a solid estate plan and make consequent investments in ensuring they have a smooth probate process. To ensure your family’s financial security, you must take every precaution when it comes…