What happens to property when there is no will as per the estate planning attorney?
A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,
Home » Tax Lawyer
A person is considered to have died intestate if they pass away without leaving a will; in this case, their assets, including their bank accounts,
An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for
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
An executor who does not report theft from an estate before inventory commits theft by stealing property from it before inventory is conducted. According to
One of the most common questions that people tend to have after the passing of a loved one is, do we need to probate the
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
There are several advantages that including a trust in your estate plan can offer you and your loved ones, whether you’re wanting to avoid probate,
The process of probate in NYC is quite different from other states. The primary reason behind the indifference is that the laws of every state
Children are the most beautiful thing which can ever happen to a family. We all start getting worried about the future and security of our
Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of
Everybody goes through a critical, highly delicate stage of life called old age, which calls for equally tender care. But, as you age, there are
Understanding the probate lawyer: A probate lawyer is a state-licensed attorney who works with the executors and the beneficiaries of an estate to settle the
Each state has laws governed by procedures for creating, canceling, and providing the last wills and testaments. A testator, who creates a choice, typically has
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
Does one have to pay taxes if they receive an inheritance, as per an estate planning lawyer? Beneficiaries may be subject to inheritance taxes; most
Let’s now discuss the “rights” of a Trustee, followed by the “rights” of the Trust beneficiaries, and the potential consequences of acting imprudently and losing
What is Probate? The court-supervised process of probate is where the assets of a recently deceased person, known as the decedent, are transferred into the
Love makes us do lots of weird stuff. One such act of love is preparing a will. You assume that preparing a will before you
Introduction Inheritance may be required. As a result, most people need to consult a probate lawyer at some point. Unfortunately, this cannot be easy. After
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
There is no life expiration of the valid wills. But then, what happens when the probate attorney discovers the Will after the probate? Then, the
The security of both assets or property and your family is essential. This estate plan can help you with a smooth estate plan. So, let
What is Probate? It is the examination and transfer of an estate’s assets that belonged to a deceased person in the past. A probate court
Instead of the trust itself paying the tax, beneficiaries of trusts often do so on the distributions they get from the trust’s revenue. Nevertheless, as
What is the code of Probate Attorney? The code of Probate Attorney is a group of national experts who drafted and reviewed a set of
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,
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
Estate planning is the preparation of an official document. It states who will handle and own an individual’s assets after death or incapacitation. It involves
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
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