
Kings County Probate Lawyer: All Assets Need Probate
When someone dies, no assets can be under their name. When a person dies, the law requires these assets to go to their new rightful
Probate Assets

When someone dies, no assets can be under their name. When a person dies, the law requires these assets to go to their new rightful

Estate planning ensures that the persons or entities to whom an individual desires to leave their estate do so in the manner planned. Once everything

What is Trust? A trust is a legal arrangement governing the transfer of assets from an owner known as the grantor or trustee. They set

Probate of Will The High court grants probate with the court seal and a copy of the Will attached. A statement of legal intent that

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.

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
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

Myth No. 1: Probate Is ALWAYS Required for a Will. No, not all wills require a probate process. There are several exceptions to what must

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

Want to appoint someone as the executor of the estate you possess? This means you have complete trust in that individual. You make that individual

It doesn’t matter if you are planning to get married, a newly married couple or have been married for the years you need an estate

What is a living trust? A living trust is a fund that holds your assets while you are still alive. This term usually refers to

What is Probate? Probate is the complete process of managing a deceased person’s estate. After paying taxes and bills, this entails organizing their money, assets,

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

Saving money in a probate case and estate planning is essential when you don’t have too much to spend. You must be aware of all

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

An executor is an individual who administers an estate. They are responsible for settling the estate, paying debts, and dividing it among beneficiaries. In addition,

It’s understood below. Any lawyer may create a straightforward will for minor situations, such as naming the beneficiary of one’s 401(k). Still, experienced trust-and-estate lawyers

Every person owns some property and assets in the form of real estate, bank accounts, stocks, etc. Have you ever thought about what will happen

Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and

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,

Before diving deep into whether a bank can release funds without Probate, we first need to understand what Probate is. What is Probate? Probate is

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

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.

One of the leading estate planning strategies to secure your family’s future after your passing is to get life insurance within a trust. Your life

People devote their first years of employment to caring for and supporting dependents. They don’t begin to consider and plan for retirement until they are
A group of national experts drafted and reviewed a set of model laws known as the Uniform Probate Code (also known as the UPC). Wills,

Medical Power of Attorney A healthcare proxy or medical power of attorney appoints a person to make medical decisions on your behalf if you become

After the death of a person, the decedent’s estate undergoes the probate process. It is a process that helps divide the decedent’s estate justly by

There is a common perception that estate planning only includes a will or a trust in someone’s or some organization’s name. But it is not