Why You Need an Estate Planning Lawyer as Your Trustee
The individual responsible for managing and handling one’s estate after their passing is known as the trustee. This individual plays a crucial role in overseeing the deceased’s assets before transferring them to the heirs or beneficiaries. It is essential to appoint a competent trustee to ensure successful estate planning, as trust alone is not sufficient. […]
Critical Estate Planning Gaps You Can’t Afford to Overlook
An estate plan involves the distribution of assets based on a Will or specific instructions, with a personal representative executing these protocols upon your passing. Intestacy laws govern the property of individuals who die without a Will, complicating asset distribution. To prevent this, families should establish a tailored estate plan that aligns with their intentions […]
Significance of Estate Planning In The Life of Every US Citizen
Estate planning used to be imagined as a luxury-expense only the rich can afford. That thought process has changed now, evident by the number of middle-class families who have started estate planning. Estate planning includes the designation of heirs to a decedent’s assets, whether it is a house or a stock portfolio. If left up […]