A fiduciary is someone who agrees to act on behalf of and in favor of another. Fiduciary’s role is mainly to manage their finances. The
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
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
A person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many
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 will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a
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
Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,
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
People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets
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
Probate is the judicial process whereby there is proof of a will in a court of law. One accepts a will as a valid public
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,
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
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
The much-loved Prince, a significant figure in the music industry, just passed away. The passing of this music legend highlights the need for estate preparation.
If a family member or a friend has kept you in-charge of their estate or wishes to plan your future, a probate lawyer near me
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
A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,
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
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
Business is one such field where the people are busy and they have literally no time for themselves. In the line of business, you think
Making plans for one’s demise is something that nobody wants to do. However, you must make many crucial choices that you shouldn’t delegate to your
It can be challenging to find the best estate planning attorney. You might even feel tempted to put off dealing with your estate plan entirely.
Have you made an estate plan yet? Is the right time for estate planning and creating a fund or trust? Do you want to secure
Probate is the legal process necessary to deal with one’s property, assets, money, and any other last wish after death. Executors issue the probate of
The difference between a probate lawyer and a Real-Estate Lawyer can be made by thinking of it related to the before and after terms. Usually,
State the types of power of attorney that an estate planning lawyer process The five types of power of attorney and estate lawyer processes listed
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
