A beneficiary, in a legal term, means the person who is the lawful inheritor or recipient of the deceased’s estate. The decedent mentions the beneficiary’s
A trust is a great estate planning choice if you want legal protection for your assets. It guarantees that the will distributes assets, saves time,
Life has no guarantee; no one knows what might happen the next second. It is possible that everything you have earned, saved, and worked so
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
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
The death of your loved ones is unbearable. But the Will that the deceased has left might have to go through a probate process. For
Probate laws regarding inheritance are quite clear in New Your City. The law majorly covers all the aspects of inheritance and makes the entire process
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
Being parents has always been a tough job. Taking care of your children and making sure that they are safe, has always been the primary
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
Nobody in this world can avoid death. When the person dies, the distribution of the deceased person’s assets takes place through the probate court. Therefore,
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
In contrast, the conditions of an irrevocable trust are final as soon as the document is signed. An irrevocable trust in an estate planning attorney
Create an inventory of what you own and what you owe. Make a detailed inventory of your assets and liabilities, including account numbers and contact
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,
Introduction The court uses state law to distribute the assets if the deceased didn’t leave a will. Having a last choice would have facilitated the
Will is a legal document in which a person specifies how their assets will be divided, allocated, and utilized after they pass away. Everyone living
When a lawyer’s license is canceled, the lawyer has been found guilty of a crime, fraud, or moral turpitude. A court may revoke a lawyer’s
What is a Probate Attorney? Probate is administering a decedent’s estate according to their will or under state guidelines. A probate lawyer is a state-approved
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
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
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
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,
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
After the death of a person, the decedent’s estate undergoes the probate process. It is a process that helps divide the decedent’s estate justly by
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
What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public
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
Nobody enjoys contemplating their demise. There are more than enough things to be concerned about without worrying. We wouldn’t have to worry about what would
Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second
