A person’s estate comprises all their belongings and assets, such as real estate, buildings, gold, stocks, mutual fund investments, life insurance policies, money, bank accounts,
What is Probate Probation is both legal as well as a financial process. This probation process occurs when someone dies and leaves their asset and
Introduction Estate planning attorneys are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal
Everybody goes through a critical, highly delicate stage of life called old age, which calls for equally tender care. But, as you age, there are
Introduction The United States has more immigrants than any other country in the world. With more than 45 million living inside its borders. While many
Uniform Probate Code There is a set of probate codes of laws on all issues related to the Will and estates. The code, created to
We all know that Covid-19 has created a lot of problems in a lot of people’s lives. Even basic tasks like shopping for groceries have
When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend
A trustee sale is a sale of the interest in the property held by a trust, such as a trust deed, a trusted mortgage, or
Who is a probate lawyer? When a person leaves the World, their assets must be dispersed and appropriately distributed per the directions they gave when
After a person passes away leaving behind great wealth, the unexpected gain of inheritance makes the beneficiaries financially more sound, which we all love to
Most people are aware of the need to use a will to leave property to their loved ones after death. You may believe that having
Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance
Introduction Usually, a question wanders around the mind of almost all families who recently lost their close one “Does the probate attorney or executor have
Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure
The real estate planning process often goes without dispute. However, if the trustee’s plans or actions conflict with the testator’s intentions or the beneficiary’s expectations,
Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want
As the name suggests estate planning is basically a plan to deal with your estate. Estate planning is an essential tool to manage your assets
What is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to
Probate Lawyers Probate attorneys, often known as estate attorneys, assist non-lawyer clients in carrying out their responsibilities as estate administrators, personal representatives, or executors. Moreover,
An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,
The terms attorney and litigator are synonyms for professionals who have achieved the appropriate level of education to advise on legal issues and to represent
Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,
Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal and
After the death of a person, the probate court oversees the entire process of transferring his/her assets to the beneficiaries, which is known as probate.
Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified
A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the
Think about how helpless it would feel to be unable to make your own decisions, especially if you didn’t prepare for the worst-case scenario. In
To understand how to avoid probate, we need to understand what probate is and the role of a probate lawyer in Kings County. Probate is
Suppose a person passes away leaving behind his/her last will mentioning how his/her assets will be distributed among his/her family members. The beneficiaries will not
