Writing
a will can save heirs and beneficiaries the time and resources needed
to decide how the decedent's assets can be used to satisfy
obligations to creditors and be distributed afterward. There are
times, however, when an heir, a beneficiary, or a concerned party
comes to contest the validity of a will. A probate attorney is
necessary to prove a case that the will is, in fact, invalid.
There
are four common reasons why a will is challenged. These are: (1) the
will wasn't signed in accordance with applicable state laws, (2) the
testator...
Monday, May 19, 2014
Two Ways to Work with a Probate Attorney
Estate
planning is essential for people who have at least $100,000 worth of
assets. This helps to avoid problems that could arise once you meet
your untimely demise. Leaving a will is the most
common estate planning tool,
which essentially means that you leave specific instructions that
must be followed upon your passing. This can include how and where
you will be buried, who are your heirs and beneficiaries, and how
your assets will be distributed among the heirs and beneficiaries.
Your
will shall be carried out by an executor you have appointed...
Friday, May 16, 2014
What Can a Good, Planned Estate Do for You?
Estate
planning is a tool to manage the transfer of properties to the
beneficiaries in an effective way, either during lifetime or upon
death. A lot of financially-conscious individuals are saying that
planning needs to be done as soon as possible. Preferably, one should
consult with a qualified estate planning attorney to tailor specific
estate plans that meet personal goals and needs. But what can a good
and planned estate do?
Reduce
or eliminate potential estate tax
Make
effective property transfers (during life and death)
Make
...
A Brighter Future with an Estate Planning Attorney
Life is indeed full of
uncertainties; you may be strong and healthy today and fighting for
your life tomorrow. If you have a wife and kids who depend on you,
you would surely want to leave them financially stable and secure, in
the event the inevitable comes. Leaving them with your properties and
the rest of your estate without too much headache on their part is
another factor to consider, and hiring an estate planning attorney is
the key to making things easy.
Having an estate lawyer
on your side helps you cover all the complications that...
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