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Maine Estate Planning Law Firms.com
Who is Maine Estate Planning Law Firms.com ?
Maine Estate Planning Law Firms.com
is the only exclusive Estate-Planning
directory online. Not only do we offer this unique service as an
exclusive listing for law firms across the country, we also provide
news articles from around the nation. Maine Estate Planning Law Firms.com
resource center includes a user-friendly interface, frequently asked
questions, statistical data, and a 24-hour emergency assistance
program. We provide content that is important to any potential user
searching for a law firm. We even feature useful contact information
for local bar associations. We consider ourselves a one-stop-lawyer-shop.
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Did You Know?
A Will, is sometimes called a "Last Will and Testament"
Used to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or "Executor") to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate.
Newsroom
Latest news about Financial & Estate Planning in Maine and nationwide:
Definition:
Sometimes called an Inter-Vivos Trust--A written legal document established during a person's lifetime into which he/she places property.
Probate
Definition:
The process through which the legal title to property is transferred from a decedent to the beneficiaries. If a person dies with a will (testate), the probate court determines if the will is valid, hears any objections to the will, orders that creditors be paid and supervises the process to assure that property is distributed by the Personal Representative or Executor according to the terms of the will. If a person dies without a will (intestate) the probate court appoints an Administrator who receives all claims, pays creditors, and then distributes all property according to the laws of the state.
Transfer Tax
Definition:
The combined Federal Estate and Gift tax. A single exemption credit applies whether the property was transferred during a person's lifetime (gift tax) or is held by a person at the time of his/her death (estate tax).
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