Best Estate Planning Lawyers in Taguig
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List of the best lawyers in Taguig, Philippines
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Philippines Estate Planning Legal Questions answered by Lawyers
Browse our 3 legal questions about Estate Planning in Philippines and the lawyer answers, or ask your own questions for free.
- Who has the legal right to own a property: the one with the Tax Dec with the name of the deceased father (still not transferred by other claimants for 20 years) or the one with the copy of Deed of Absolute Sale of the property showing that it was sold by
- Who has the legal right to own a property: the one with the Tax Dec with the name of the deceased father (still not transferred by other claimants for 20 years) or the one with the copy of Deed of Absolute Sale of the property showing that it was sold... Read more →
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Lawyer answer by Recososa Law Firm
Hello: Property ownership questions like this can be emotionally and legally complex—especially when families, old documents, and long periods of inaction are involved. We're here to help you sort this out clearly and lawfully. You mentioned two parties: The one...
Read full answer - Estate settlement dispute
- My grandfather (testator) Died in 1996. There are 8 heirs (siblings) mentioned in his will. The estate tax has not been paid until now. 4 out of 8 sold me their share with a notarized deed of sale and a deed of donation. The other 3 wanted to invalidate/ cancel... Read more →
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Lawyer answer by Nomos Legal Practice
Hello and thank you for contacting SK Solicitors, a full-service immigration law firm based in Lagos, Nigeria. Kindly let us know how we can help you to solve your legal needs and before we can render legal advice service, you...
Read full answer - Unjust & unfair transfer of title to the heirs.
- Here's a refined version of your statement: "The original owners of the estate were our deceased grandparents. Initially, there was a single-parent land title with an extrajudicial agreement among heirs regarding the subdivision of lots. However, the Local Government Unit (LGU) purchased four parcels of land and transferred the title... Read more →
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Lawyer answer by Nomos Legal Practice
Hello and thank you for contacting SK Solicitors, a full service immigration law firm based in Lagos, Nigeria. Best Regards, Kingsley Izimah, Esq.
Read full answer
About Estate Planning Law in Taguig, Philippines
Estate planning in Taguig, Philippines refers to the process of managing and distributing one's assets in the event of their death. This includes making decisions about who will inherit your property, managing taxes, and planning for medical emergencies.
Why You May Need a Lawyer
You may need a lawyer for estate planning in Taguig, Philippines if you have complex assets, multiple beneficiaries, or if you want to ensure that your wishes are legally binding. A lawyer can help you navigate the legal requirements and draft documents such as wills, trusts, and powers of attorney.
Local Laws Overview
In Taguig, Philippines, estate planning is governed by the Civil Code, Family Code, and other relevant laws. It is important to understand how these laws affect the distribution of your assets and to ensure that your estate plan complies with local regulations.
Frequently Asked Questions
1. What is estate planning?
Estate planning is the process of arranging for the management and distribution of your assets after your death.
2. Do I need a will in Taguig, Philippines?
While not required by law, having a will can ensure that your assets are distributed according to your wishes.
3. What is a trust?
A trust is a legal arrangement where a trustee holds assets for the benefit of beneficiaries. It can be used to avoid probate and provide for minor children or individuals with special needs.
4. What is a power of attorney?
A power of attorney is a legal document that authorizes someone to make decisions on your behalf. It can be used for financial or healthcare decisions in the event of your incapacity.
5. How can estate planning help reduce taxes?
Estate planning can help minimize estate taxes by using strategies such as gifting, trusts, and charitable donations.
6. Can I change my estate plan?
Yes, you can update your estate plan as your circumstances change or if you wish to make revisions to beneficiaries or assets.
7. What happens if I die without a will in Taguig, Philippines?
If you die without a will, your assets will be distributed according to the laws of intestacy, which may not reflect your wishes.
8. How can I protect my assets for future generations?
You can protect your assets for future generations by setting up trusts, establishing charitable foundations, and creating a comprehensive estate plan.
9. Do I need a lawyer for estate planning in Taguig, Philippines?
While not required, having a lawyer can ensure that your estate plan is legally sound and that your wishes are properly documented.
10. How much does estate planning cost in Taguig, Philippines?
The cost of estate planning can vary depending on the complexity of your assets and your specific needs. It is important to discuss fees with your lawyer before proceeding with any legal services.
Additional Resources
For more information on estate planning in Taguig, Philippines, you can contact the Integrated Bar of the Philippines or consult with a local estate planning lawyer for personalized advice.
Next Steps
If you need legal assistance with estate planning in Taguig, Philippines, it is recommended to consult with a qualified lawyer who specializes in this area of law. They can help you understand your options, draft necessary documents, and ensure that your estate plan reflects your wishes and complies with local laws.
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.