
Is Estate Planning Only For the Wealthy?
Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the

Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the

Probate is the judicial process of proving a will by a court of law. Moreover, it is accepted as a legitimate public document that’s the

Probate is the process of distributing the assets of a person to his/her beneficiaries upon his/her death under the court supervision, no matter whether he

Probate is the process of distributing the assets of the deceased among his/her heirs and other beneficiaries. It depends on the instructions mentioned in the

Most individuals work hard their entire lives to save money and acquire valuable items or residences. However, only around 30% of Americans have a will

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

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

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,

When someone passes away, probate (assuming they left a will) and estate administration are typically used to wrap up the deceased’s financial affairs. Moreover, in

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

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

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

Introduction An Estate of a person includes everything they own. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings.

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.

Estate planning attorneys are licensed legal professionals specializing in the field of Estate planning. They have a clear and thorough understanding of federal and individual

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

People are often confused between probate and non-probate assets, a Probate Lawyer near me explains that a non-probate asset is an asset that will not

What is Estate planning? A person’s estate refers to all the property or assets owned by a person. These include real estate, cash, investments, vehicles,

The probate process covers every aspect of estate administration. It includes validating the will to settle the deceased’s estate and appointing an estate administrator. Moreover,

There are procedures for removing or changing a trustee if you are the creator, a co-trustee, or a beneficiary of a family trust and believe

What is a Probate Attorney? A probate lawyer is a qualified attorney who helps clients decide how to protect their assets after they pass away.

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

Making plans for one’s demise is something that nobody wants to do. However, you must make many crucial choices that you shouldn’t delegate to your

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

The legal document known as a will specifies what will happen to your possessions after death. If you pass away without making a will, a

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

Estate Planning Attorney Estate planning attorneys are experts in federal and state laws about estates, trusts, and probate. They assist you in determining how to

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

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

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