Estate Planning

  • Typical Errors Made When the Elderly Attempt to Prevent Probate

    In an effort to prevent the costs and time involved with a Florida probate case, many households depend on techniques that that they become aware of from buddies or that were used by previous generations. Typically this causes problems for the individual and their households In an effort to avoid the expenses and time involved […]

  • Can I Obstacle My Mother’s/ Dad’s Last Will and Testimony?

    Losing a moms and dad can be one of the most mentally difficult times you will ever have to deal with during your life time. Sitting down to hear the regards to your mom’s or father’s Last Will and Testimony is often one of the most challenging parts of the loss. If the terms of […]

  • Will Divorce Hurt My Credit Report in New Jersey?

    The divorce process in itself will have no influence on your credit rating. What can nevertheless affect your credit rating is the financial actions of your acts before, throughout, and after the divorce procedure. Many couples will have joint accounts and property, which will need to be thoroughly managed in case of a split, mismanagement […]

  • U.S. Capital Gains: An Introduction

    An introduction to U.S. Capital Gains for international clients. I.Introduction to the U.S. Capital Gains System Economists define a capital gain as the distinction between the price received from selling an asset and the rate paid for that asset. A capital gains tax (CGT) is a tax used on the gains recognized from offering a […]

  • Date of Death Values– How to Identify What a Decedent’s Assets Deserve

    When a person passes away, his or her estate should travel through the legal procedure called probate. Throughout probate, possessions of the estate are inventoried. Financial institutions are paid, and the remaining properties are transferred to beneficiaries or heirs of the estate. As part of this procedure, all possessions must be valued. In many cases, […]

  • Understanding and Safeguarding a Will in California

    Probate is a department of the Superior Court of the State of California. The Probate court has jurisdiction over what are considered “legally incompetent celebrations”, usually that consists of deceased, disabled, and incapacitated persons. The duty of the Probate court is to safeguard these people and their assets. Understanding Wills Losing a loved one when […]

  • Talk to an Attorney after Receiving an Unexpected Inheritance

    Receiving an unanticipated inheritance can often feel a lot like winning the lottery game. All of a sudden, you have assets that you did not plan on having. Before making plans to spend any of the inheritance, there are a number of reasons that you should go to with a probate lawyer. If the inheritance […]

  • Does an Advance Medical Instruction Need To be Followed?

    An advance medical regulation permits a person to draw up specific healthcare decisions that they wish to make based upon specific conditions, such as being diagnosed with a terminal disease. In the event that the patient is not able to communicate his/her wishes, the instruction acts as a guide to medical specialists about the kinds […]

  • A3– What is Living Probate?

    When we die, our property generally goes through probate– a procedure where the courts read our Will (if we have one), appoint an administrator of our estate and identify how our properties should be distributed. This is referred to as “death probate.” Living probate works similar way other than that it occurs while we are […]

  • Present Giving, Medicaid, and the Estate Tax

    A lot is said about the intricacies of estate planning, however in the end it is a reasonably basic matter. The point is to direct assets that when belonged to you into the ownership of your heirs as quickly and simply as possible. When this is done after you die the last will or some […]

  • Joint Tenancy in Real Estate

    Joint occupancy is one method for 2 or more individuals to own property together. This unique designation brings with it specific rights and duties. Essentials of Joint Tenancy Joint tenancy consists of two or more people owning equivalent, undivided shares in property. A joint tenancy requires unity of time, title, interest and belongings. Missing any […]

  • Professional Witness on Testamentary Capability

    Experts are often needed when a will need to be evaluated either prior to or after the person has actually died. Testamentary capacity is considered as the legal and mental capability of an individual to produce or change a valid will. Obstacles to a Will Objecting to a will usually occurs due to psychological conflicts, […]