What Happens During Probate? Probate is a process supervised by the court system that decides the authentication of a decedent’s last will and testament. Each state has set laws that describe what is required to probate an estate and can be found in the state’s probate codes and intestate succession (which applies if someone passes …
When it comes to most non-criminal legal matters, many people decide that they would rather not work with a lawyer through the process. In certain instances, this may make sense. However, when it comes to estate planning or being the executor during probate, you may want to rethink whether you would like to proceed without …
Working with a Lawyer Through the Probate Process Read More »
Probate Attorneys Probate is a legal process that many people wish to avoid, and they can do so by properly drafting estate plan documentation. Those who pass away without an estate plan will have their legacy and assets handled at the choice and mercy of the court. To make matters even worse, probate can drag …
How Can You Protect Your Estate? Each state has different laws regarding inheritance and estate planning. If you have any amount of assets, you need to contact an estate planning lawyer, like one from Klenk Law, to determine how you can protect your family, even once you are gone. They may depend on you for …
Estate Planning Lawyer Most people do not want to think about what will happen after they are no longer here. Morality is a tough reality to grapple with and making plans in preparation for death is often uncomfortable. However, creating a will comes with many benefits that may outweigh that discomfort. Contrary to popular belief, …
Virtual currency transactions are taxable by law just like transactions in any other property. The IRS is aware that some taxpayers with virtual currency transactions may have incorrectly reported or failed to report income and pay the related tax. Therefore, it is actively addressing potential non-compliance in this area. Millions of taxpayers may find themselves …
Cryptocurrency and Virtual Currency Guidance Issued Read More »
Planning for the future can be stressful, and when you have an illness or condition that makes daily living difficult, it’s important to make sure you’re taking every precaution possible in order to stay healthy and vital. This is why it’s so important to make sure that your future planning is done well; start slowly …
A thorough estate plan is critical to protecting yourself, as well as your loved ones and ensuring that everyone has peace of mind especially after you have passed. When you create an estate plan, you are assuming your beneficiaries are going to outlive you, which is not always the case. The most common question is, …
Want to Protect Your Assets From Creditors? Do you have property and assets that you want to protect from collections? Estate planning is one of the most important things you can do to secure your assets, and a living trust is one of the tools at your disposal. Though there are two types of living …
Estate Lawyer As difficult as it might be to consider end-of-life circumstances, you can spare your family and loved ones additional distress if you prepare and document your wishes before your death. You already know that you need a will, but there are other details to address to ensure your family’s financial protection. As an …
