What happens in the absence of a will? Even if your loved one hadn’t left a will, their assets still need to pass through the
When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.
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
Estate planning lawyers are licensed legal professionals who specialize in the field of Estate planning. They have a clear and thorough understanding of federal and
Estate planning is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights
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
When a family member or a friend dies, someone needs to represent them in the court for the probate process. Therefore, the person appoints either
A Probate lawyer concentrates on wills, trusts, and estate planning, although they have vastly different areas of knowledge. Transactional lawyers take care of legal formalities
Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and
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
When someone passes away, you fill out a will and start the probate process if you execute the probate process. However, what happens if there
Estate planning can be tricky, but we believe that with the guidance of an experienced estate planning lawyer it can be simplified. We provide free
If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through
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 Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to
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,
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
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
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
Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where
The cost of hiring a probate lawyer Hiring a lawyer is one of the most expensive parts of the probate process for many families. A
Power of attorney: what is it? Let’s first talk about what a power of attorney is, and then we’ll talk about whether it still holds
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
In today’s world, every person owns some assets, including real estate, bank accounts, or any other properties. When the person dies, the distribution of the
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
Introduction Estate planning attorneys usually oversee the creation of living trusts. A living trust is a legal document that holds a person’s assets and property
What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes deciding how much of
Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will
Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify
People devote their first years of employment to caring for and supporting dependents. They don’t begin to consider and plan for retirement until they are
