An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll
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
Myth No. 1: Probate Is ALWAYS Required for a Will. No, not all wills require a probate process. There are several exceptions to what must
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
What is Estate Planning? Estate planning isn’t just for the wealthy and well-known. You still need a plan, even if you don’t have a six-figure
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (UPC). UPC state specifically covers Trusts,
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
Estate planning is a good choice if you own a business and if you are worried about the future of it. A lot of people
The process of probate in NYC is quite different from other states. The primary reason behind the indifference is that the laws of every state
What is a revocable trust? Forming trust is a straightforward process. First, you must set specific goals and meet your intended needs with the help
By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?
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
Usually, people do not feel the need to consult a probate lawyer to draft a will. There is nothing wrong with that. You can well
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
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of
When you live in NYC, and if you die without leaving a will, things can actually get complicated for your family members. Before you die
Probate is the process of distributing the assets of a person to his/her beneficiaries upon his/her death under the court supervision, no matter whether he
The probate process is a complicated one with lots of costs. However, with the help of a professional, you can save money by knowing what
Probate has always been considered a nerve-racking process that takes time and effort and costs a lot. That’s why many people are afraid of probate
Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. A trust involves information on how investments
You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key
Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the
Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the
What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to
Does one have to pay taxes if they receive an inheritance, as per an estate planning lawyer? Beneficiaries may be subject to inheritance taxes; most
What is a Probate? The Latin verb “probate” means to test or scrutinize, while the English word “probate” implies “to prove.” The executor of the
Introduction There are generally two types of probate. The first is the probate of a will. The second is a proceeding to administer the estate
In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or
Probate is a process of dispersion of Will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s
A Health care proxy or healthcare surrogate makes medical decisions on your behalf. A healthcare proxy will make sure the doctors follow your wishes. It
