Why Does an Estate Planning Lawyer be The Perfect Trustee?
The trustee is the person who has the authority to manage and handle one’s estate after he/she dies. They are responsible for taking care of all the deceased’s tasks. They are in charge of the deceased’s assets before transferring it to the heirs or beneficiaries. An individual can hire anyone as a trustee whom he/she […]
Crucial Estate Planning Pitfalls You Need to Avoid for a Flawless Future
Estate planning involves the strategic allocation of your assets based on a Will or a set of directives. These instructions are executed by your designated representative upon your passing. The goal is to minimize the tax burden on your beneficiaries. If someone dies without a Will, their property is distributed according to Intestacy laws, which […]
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 […]