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
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
What is trust? A trust is an estate planning tool that minimizes the estate and inheritance tax and saves your assets from probate; in a
Estate planning The concept of estate planning refers to ensuring that the people and organizations you wish to leave your estate to do so in
Introduction The profound sense of loss of the loved one can be overwhelming. Therefore, when a family member dies, it is advisable to step back
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
Probate begins soon after you lose your loved one. However, probate is a legal proceeding that validates a will to settle an estate. So, let
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
Most estates must go through the legal procedure of probate in court after the estate owner’s death. Probate is a lawful procedure that handles the
An estate planning lawyer, also known as an estate planning attorney, is a certified professional lawyer. They have expertise in estate planning. These lawyers’ primary
Probate Lawyers act as advisors to help their clients satisfy their roles as heads, individual delegates, or estate agents. They help them as needs might
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
Probate Lawyers Probate attorneys, often known as estate attorneys, assist non-lawyer clients in carrying out their responsibilities as estate administrators, personal representatives, or executors. Moreover,
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,
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
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
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,
Suppose your estate planning attorney is preparing an estate plan for you. Then the value of your estate is probably one of the critical factors
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.
Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling
Estate Planning is planning for the future today. It is your ability to take control of future decisions and empower others to assist you with
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
After someone’s death, it’s not always easy to identify everything they own. New assets found during or after the probate process can affect the probate’s
Introduction Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about
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
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
Estate planning is deciding what will happen to your hard-earned wealth, money, and property when you cannot make your own decisions. Your property plan should
Probation can be an expensive and lengthy process. But what if you are a deceased relative and need access to the funds? The Probate Helper
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 is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights
