
What document does one need for estate planning?
What is Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,
Home » DO I NEED AN ESTATE PLAN

What is Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,

For “small estates,” almost every state now has expedited probate procedures or a chance to avoid it entirely. These transfer processes transfer the estate to

After a person passes away, a probate filing is essential in the Surrogate’s Court in Brooklyn. The court will find out if there is any
You can define probate as the legal procedure of proving one’s will. The probate procedure is for ensuring that the inheritance of a deceased individual

What is an estate planning attorney? Estate planning lawyers, also known as estate law lawyers or probate lawyers, are skilled and qualified legal experts with

Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,

A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient

There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not
Who is a probate lawyer? A state-licensed attorney who assists the beneficiaries and executors of an estate in settling the decedent’s affairs is known as

You should think carefully about who will get your assets or the payment from your life insurance policy, as beneficiary designations cannot change or be

Hiring a probate attorney can be a tough decision. There are a lot of factors to take into account. The followings are some pros and

You need the best team to negotiate the world of wills, trusts, and powers of attorney. After all, planning a will and an estate is

Probate is the judicial acceptance or validation of the Last Will of a person who had recently died, by the court of law. The first
Understanding Fixed and Discretionary Trusts and the role of a probate lawyer Trust agreements provide a wide range of advantages to both the settler and

Probates are considered one of the most time-consuming and lengthy legal processes, which require tons of paperwork, court appearances, and background checks and can be

What to do with a loved one’s possessions is probably the last thing on your mind when they pass away. But, unfortunately, we have to

Estate planning is a susceptible process. Even one mistake can lead all your assets to doom. That’s why there are specific guidelines for inexperienced people

Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which

Each state has laws governed by procedures for creating, canceling, and providing the last wills and testaments. A testator, who creates a choice, typically has
What is probate? Probate indicates that there is a court proceeding involving: In a probate case, the court appoints an executor (if there is a
Estate attorneys and probate lawyers assist non-lawyer clients in carrying out their duties as executors, personal representatives, or administrators of estates. As they navigate the

What is estate planning? Estate planning is creating a plan to distribute assets after a person’s death. The estate planning attorney can help you with

An inheritance tax (IHT) is imposed on property that has been gifted or inherited. Even though IHT is charged upon death, it may also be

Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant

After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring

If you haven’t married, or you are divorced and widowed then you might think that estate planning isn’t your cup of tea but it is.

Probate is the judicial process whereby proving a will in a court of law. First, there is acceptance of the choice as a legitimate public