Estate Planning | Law Offices of Alhayat Solicitors https://www.salvolaw.com Estate Planning Lawyer in Woodland Hills, United Kingdom | Alhayat Solicitors Thu, 17 Nov 2022 22:51:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.3 https://www.salvolaw.com/wp-content/uploads/sites/1201627/2019/10/cropped-site-icon-1-32x32.jpg Estate Planning | Law Offices of Alhayat Solicitors https://www.salvolaw.com 32 32 How Long After Probate Can Funds Be Distributed? https://www.salvolaw.com/blog/2022/11/how-long-after-probate-can-funds-be-distributed/ Thu, 24 Nov 2022 22:51:06 +0000 https://www.salvolaw.com/?p=54640 One thing we have learned from our time practicing in the area of estate planning is that no two client estate plans are exactly the same. It follows that no two probate procedures are the same. How long probate funds are disbursed after the probate process starts depends on a variety of complex factors. We understand why clients, fiduciaries, and…

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]]> How Long After Probate Is Granted Will I Get My Money? https://www.salvolaw.com/blog/2022/11/how-long-after-probate-is-granted-will-i-get-my-money/ Thu, 17 Nov 2022 22:50:48 +0000 https://www.salvolaw.com/?p=54630 Appointment of a personal representative enables the administrator of the estate (the fiduciary) to handle the estate. Some of the duties now required by the representative is to gather the assets of the estate, pay liabilities and debts, settle creditor claims, paying out beneficiaries, and closing the estate. The simplest of probates, in England, take roughly 8 months to…

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]]> How Long Does Probate Take in United Kingdom Without A Will? https://www.salvolaw.com/blog/2022/11/how-long-does-probate-take-in-california-without-a-will/ Thu, 03 Nov 2022 21:49:25 +0000 https://www.salvolaw.com/?p=54636 When a person dies without a formal will in place, United Kingdom state law steps in and determines how the decedent’s estate is handled. This is defined legally as passing away intestate. In general, the assets of a person who dies intestate are distributed to their closest relatives. However, there are certain restrictions to these principles, such as the sorts of…

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]]> What should you take into account when choosing an executor? https://www.salvolaw.com/blog/2022/10/what-should-you-take-into-account-when-choosing-an-executor/ Sat, 15 Oct 2022 04:26:02 +0000 https://www.salvolaw.com/?p=54619 Just like when you write any part of your will, you will likely think seriously about who to choose for your executor. Since this person is in control of many aspects of fulfilling your wishes after your death, finding the best fit possible can help you feel at peace. Think about available time According to Kiplinger, you may think of…

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]]> Pre-Estate Planning Checklist to Make Life Easier https://www.salvolaw.com/blog/2022/10/pre-estate-planning-checklist-to-make-life-easier/ Thu, 06 Oct 2022 21:54:05 +0000 https://www.salvolaw.com/?p=54596 Estate planning may be difficult and tedious, which is why so many die without having a plan in place. Don’t worry, it’s not as daunting as it seems! Seeking legal counsel to help you navigate this procedure is both essential and beneficial. Below is an estate planning checklist. These bullet points will help you determine  requirements, goals, and priorities before…

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]]> How to Avoid Children Fighting Over Inheritance https://www.salvolaw.com/blog/2022/09/how-to-avoid-children-fighting-over-inheritance/ Thu, 29 Sep 2022 21:51:43 +0000 https://www.salvolaw.com/?p=54594 Estate litigation between siblings is, unfortunately, more prevalent than you may know. The cause is straightforward: a parent’s decision to provide more or less of their inheritance to one kid over another can be hurtful during an already difficult time. It is frequently used to assess a parent’s faith in their children, or lack thereof. It may also show how…

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]]> Essential Estate Planning Tips for the Unmarried https://www.salvolaw.com/blog/2022/09/essential-estate-planning-tips-for-the-unmarried/ Thu, 08 Sep 2022 16:10:48 +0000 https://www.salvolaw.com/?p=54338 Most people wait until they have a significant life event, such as marriage or childbirth, before consulting with an attorney. If you are not married, you may be unaware of the significance of estate planning. Your estate plan has two components: what happens to your possessions after you die and who takes care of you when you can no longer…

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]]> 4 Considerations When Estate Planning with A Special Needs Child https://www.salvolaw.com/blog/2022/09/4-considerations-when-estate-planning-with-a-special-needs-child/ Thu, 01 Sep 2022 16:10:09 +0000 https://www.salvolaw.com/?p=54336 Having a special needs family member requires you to see the world in ways that most others do not. Each family’s requirements are unique. Persons with special needs frequently require care for the rest of their lives. Who will take over your role as a caretaker if you become disabled or die? Who will be willing and able to care…

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]]> How Many Trusts Should I Have? https://www.salvolaw.com/blog/2022/08/how-many-trusts-should-i-have/ Thu, 18 Aug 2022 16:08:43 +0000 https://www.salvolaw.com/?p=54328 How many trusts one should have is a question that comes up frequently because it used to be that two trusts were the norm. There’s some history behind this: estate tax laws (tax on the value of what is left) were different, and each spouse had an exemption up to a certain amount. Frequently, each spouse had a trust established…

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]]> How do you plan for your adult child’s future care? https://www.salvolaw.com/blog/2022/08/how-do-you-plan-for-your-adult-childs-future-care/ Fri, 12 Aug 2022 21:23:43 +0000 https://www.salvolaw.com/?p=54300 When your adult child has a serious mental health condition, you want to help guide and care for them. However, a child who is no longer a minor must permit you to participate in decisions. You can work to protect your loved one with good communication and proper estate planning for each of you. Managing your estate Planning what happens…

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