
What does a Probate Attorney do if assets are found after Probate?
Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also
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Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

Dying after leaving behind a will is always recommended by the probate attorney in Brooklyn. This way the estate will get distributed among the beneficiaries

When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend

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

Usually, the people who lose their loved one or the ones managing the emotional effect of losing a loved one do not focus on anything

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

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

Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. A trust involves information on how investments

The formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the

Estate Estate refers to the inventory of an individual’s assets and properties at his death. Various assets such as real estate properties, vehicles, even financial

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

Creating an estate plan entails deciding who will ultimately inherit your possessions. If you cannot manage your affairs independently for any reason, thus also specify

Are you a single, and you are reaching retirement soon? Well, then this is the right time for you to do some estate planning. Estate

A question that pops up inside every adult’s mind is, “Do I need an estate plan?” A study reported that more than 76% of adults

Probate is a process of dispersion of Will through a legal procedure. Moreover, one can refer to probate as the general administration of a decedent’s

Estate Planning is something that we often ignore because we don’t find it necessary. There is even, a survey which says that only 4 out

Estate plans are very different and vary based on the individuals who make them. When making an estate plan, every person is different and so

When a family member or a friend dies, someone needs to represent them in the court for the probate process. Therefore, the person appoints either

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
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,

Introduction Disinheritance can be a hard choice. Nevertheless, this is sometimes necessary for the well-being of the estate, family members, and the disinherited. For various

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

The probate process Probate is the procedure where the probate court authorizes the estate representative to speak and act on behalf of the estate. This
What does ‘to probate’ mean? The conceding of probate is the most vital phase in the lawful course of overseeing the home of a departed

Probate is the judicial process whereby there is proof of a will in a court of law, and there is acceptance. The probate makes a

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 person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many

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

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

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