Introduction Imagine leaving all your wealth and money to your child or spouse and the creditors coming in and taking everything and leaving them nothing.
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
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,
Probate is the judicial process of proving a will by a court of law. Moreover, it is accepted as a legitimate public document that’s the
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
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
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
Probate is a legal procedure of making the estate settled belonging to a deceased individual. If the individual leaves a will behind and a testament,
What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically
Probate is a legal process that serves to verify that the deceased owned the mentioned assets in the probate. It is a process that includes
Although the time to receive inheritance may not be pleasant, obtaining it can be a great blessing. When one of your close ones passes away
A probate attorney is one of the most influential people you will need to contact when dealing with a loved one’s estate. The probate process
Estate planning is frequently postponed until it is too late. They might believe it’s only for affluent people, think it’s complicated, or find it challenging
Why is estate planning important? The process of setting up the transfer of assets before death is known as estate planning. An estate plan tries
Probate is the process of distributing the estates and assets of the deceased person among the heirs and beneficiaries. An executor carries out the probate
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. So,
A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you
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,
There are procedures for removing or changing a trustee if you are the creator, a co-trustee, or a beneficiary of a family trust and believe
What to ask a probate lawyer before choosing them? Selecting a probate lawyer can be a difficult task. The roles and responsibilities of the lawyer
Ce or gain favor. You may need the Beneficiary’s consent to amend the trust deed as it was held in a 1956 court case. Beneficiaries
Have you ever wondered what will happen to your assets after you are gone? The distribution of your assets will take place through the probate
What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set
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
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
When people talk about “Estate Planning” they often think that it is only for the wealthy. We think that most people are living with the
Will is a legal document that intends to declare how one wants their personal belongings, properties, and assets to be distributed and to whom after
Who is a Probate Lawyer? A probate lawyer is an attorney who specializes in all facets of probate law. They will have previous expertise in
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
The eastern end of New York State, Long Island, shares its borders with the Atlantic Ocean. The Long Island probate law is not in contrast
