Best Estate Planning Lawyers in Cheyenne

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Crowley Fleck
Cheyenne, United States

Founded in 1895
350 people in their team
English
Crowley Fleck PLLP is one of the oldest and largest law firms in our region. Our law firm counts over 175 attorneys practicing in the areas of commercial litigation, insurance defense litigation, natural resources, mining and energy law, healthcare, commercial transactions, banking and finance,...
AS SEEN ON

United States Estate Planning Legal Questions answered by Lawyers

Browse our 2 legal questions about Estate Planning in United States and the lawyer answers, or ask your own questions for free.

My husband passed away five years ago. We have a property in th Philippines and I would like to transfer everything to my child. We are now residing in California, as U.S. citizens and my late husband a Filipino citizen.c
Estate Planning
Civil & Human Rights
Probate
Hello:We are sorry to hear about the passing of your husband, and we extend our deepest condolences.Regarding your concern, since your husband was a Filipino citizen and you are now both U.S. citizens residing in California, the property transfer to your child in the Philippines can be lawfully facilitated under Philippine succession laws.Here are some important legal points and possible remedies:1. Extrajudicial Settlement of Estate (if there is no will)If your husband died intestate (without a will), and there are no other compulsory heirs aside from your child, you may execute an Extrajudicial Settlement of Estate with Waiver of Rights in favor of your child. This must be:Signed by you as the surviving spouse,Notarized and registered with the Registry of Deeds,Accompanied by a notarized Affidavit of Self-Adjudication or Waiver, if applicable.If the property is titled in your husband's name, the title must be transferred first to the estate, and then to your child.2. Judicial Settlement (if there is a dispute or complications)If:There are other legal heirs,There is no agreement on the partition,Or if a will exists that needs probate,Then a petition for judicial settlement must be filed before the Philippine court having jurisdiction over the property.3. Tax Clearance & Title TransferTo legally transfer the title, the following must also be secured:BIR Certificate Authorizing Registration (CAR),Estate tax clearance,Updated real property tax payments,Transfer of title with the Registry of Deeds.We recommend an initial consultation so we can properly review your husband’s death certificate, property documents, marriage certificate, and your child’s proof of identity. This way, we can assist you in completing all required steps without requiring you to travel to the Philippines.You may directly schedule and automatically get a Google Meet link using the link below:👉 https://calendar.app.google/MuALV3nLqedy9FCx6Our Contact Information:📧 Email: [email protected]📞 Phone/Viber/WhatsApp: 09175046510📍 Office: 5th Floor, Park Centrale Building, IT Park, Apas, Cebu City, 6000We look forward to helping you secure your child’s rightful inheritance.Best,Atty. Jofre RecososaOwner, Recososa Law Firm
How to protect property from squatters law
Estate Planning
Elder Law
Landlord & Tenant
After completing probate to establish yourself as the legal heir, you can transfer the property title to your name and then grant them permission to reside there through a formal agreement.It is worthy to note that you can do it through special attorney.

About Estate Planning Law in Cheyenne, United States

Estate Planning Law in Cheyenne, Wyoming, enables an individual to plan their financial affairs to ensure their wealth and assets are distributed as per their wishes upon their death. This field of law involves creating legal documents such as wills, trusts, powers of attorney, and health care directives. Wyoming's estate planning laws provide robust asset protection, unique tax benefits, and simplified probate procedures, making it favorable for both residents and non-residents.

Why You May Need a Lawyer

You may need an estate planning lawyer in numerous situations. For instance, if you have substantial wealth, multiple assets, a blended family, or own a business - these situations could lead to potential legal complexities. An attorney can guide you through building a legally sound estate plan. Furthermore, if you want to establish trusts or have specific instructions for the distribution of your assets, the advice of an experienced lawyer can prove invaluable. If you have any intentions of disinheritance, or fear disputes amongst beneficiaries after your demise, a lawyer can lend clarity.

Local Laws Overview

Wyoming's estate planning laws are beneficial and diverse. The state observes a simple probate process, allowing expedited probate for small estates. Wyoming does not have estate or inheritance taxes, which can benefit heirs substantially. It allows for "dynasty trusts," where your assets can be protected for up to 1,000 years. Also, Wyoming offers privacy protections, individual and joint revocable living trusts, and permits the appointment of a 'Trust Protector' to oversee trust administration.

Frequently Asked Questions

What is a Dynasty Trust?

A Dynasty Trust is a legal agreement allowing the trustor to pass wealth across multiple generations, without the assets being subjected to estate taxes or other common financial vulnerabilities. These trusts can theoretically last up to 1,000 years in Wyoming, protecting family wealth for many future generations.

What is the role of a 'Trust Protector'?

A 'Trust Protector' is a third party, independent from the trustee, who is granted certain powers to protect the trust assets. They can oversee and intervene in the trust management if needed, ensuring the trustor's intentions are always prioritized.

Is there any Inheritance Tax in Wyoming?

No, Wyoming does not impose any inheritance tax. The inheritance is passed tax-free to the beneficiaries, making estate planning favourable in the state.

Does Wyoming respect out-of-state wills and trusts?

Yes, Wyoming law typically respects legal documents created in other states, provided they meet Wyoming's legal criteria. However, it's often prudent to review these documents with a local attorney.

What happens if I die without a will in Wyoming?

If you die intestate (without a will), Wyoming’s intestacy laws will govern the distribution of your property. This may not align with your personal wishes, so creating a will is highly recommended.

Additional Resources

The Wyoming State Bar offers numerous resources, including attorney referrals and information on local legal aid organizations. The American Bar Association provides extensive information on estate planning laws. Additionally, online platforms like LegalZoom and Nolo can provide legal forms and basic education on estate planning concepts.

Next Steps

If you require legal assistance in estate planning, start by finding an experienced estate planning attorney in Cheyenne. Ensure they understand Wyoming's laws and your personal needs. Finally, maintain open communication with your attorney, ask any questions you may have, and stay informed about your estate planning process.

Lawzana helps you find the best lawyers and law firms in Cheyenne through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Estate Planning, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Cheyenne, United States - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.