
Different roles and responsibilities of estate planning
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
Making a will

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

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

An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll

In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or

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

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

When a person dies, the probate attorney handles the process of estate administration. So, it’s time to understand who takes the attorney and its duties.

Usually, people do not feel the need to consult a probate lawyer to draft a will. There is nothing wrong with that. You can well

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

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 is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the

Creating an estate plan entails deciding who will ultimately inherit your assets if you cannot manage your affairs independently. It also specifies how you want

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

Understanding the benefits of seeking professional assistance when making a will or taking responsibility for managing the deceased’s property is essential. Hiring a probate lawyer

The need for the probate process occurs when a person dies and leaves his assets behind. Accepting the death of your loved ones is difficult,

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

In a trust, one person (“trustee”) holds assets on behalf of another person (“beneficiary”). Generally speaking, beliefs have unique special rules established by a written

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

An estate surrounded by gardens, outbuildings, pools, farmland, woods is called a large estate. The administration for settling large estate probate is known as large

What is a will? A will is a legal document that details the wishes of the deceased. It is the last will of the individual.

Planning your estate can give you privacy, security, and control over your legacy. Having a well-developed plan for what happens to your assets can provide

Introduction As a trust beneficiary, one might think that they are at the mercy of the Trustee, but beneficiaries have the right to make sure

Probate is the judicial process whereby proving a will in a court of law. First, there is acceptance of the choice as a legitimate public

What is Trust in estate planning? A trust is a fiduciary partnership in which the trustor, or first party, grants the trustee the authority to

After the death of a person, the probate court oversees the entire process of transferring his/her assets to the beneficiaries, which is known as probate.

A probate lawyer is a type of attorney who focuses on the legal aspects of estate law. He can also handle wills, trusts, and real

Probate lawyer A probate lawyer is a state-approved statutory agent who advises an executor or one or more beneficiaries of a deceased property. Their responsibilities

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

Following are the ways to manage estate planning- Create an inventory of what you own and what you owe. Make a detailed inventory of your

An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll