
When is Probate Necessary in New York?
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

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

Government gift tax Almost anything you own can be given as a gift. In addition, the IRS permits you to donate up to a specified

The much-loved Prince, a significant figure in the music industry, just passed away. The passing of this music legend highlights the need for estate preparation.

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

People appear to spend more time arranging a vacation, buying a car, or even dining out than they do picking who will inherit their assets

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

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

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

Probate is the judicial process whereby one proves a will in a court of law and accepts it as a valid public document. A probate

Why is it necessary to probate? Some people can make many wills in their lifetime. Therefore, land registry offices, banks, and other entities traded by

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

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

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

Rarely, but occasionally, it may be permissible to leave some of your assets to your children. So, how can one give an inheritance while they

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

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

By definition, real estate is everything you own, including all property, vehicles, jewelry, shares, and money. Simple in theory, but what happens after you die?

Introduction Losing a loved one can shatter the person, especially if you are close to them. Finding the answers to all the nagging questions about

What kinds of Durable Power of Attorney Exist per estate planning lawyer? People appoint a durable power of attorney for various reasons, but they typically

As you age, it’s important to have a strong estate plan to feel secure, knowing that your belongings and family will be cared for after

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

Estate Planning is planning for the future today. It is your ability to take control of future decisions and empower others to assist you with

Most estates must go through the legal procedure of probate in court after the estate owner’s death. Probate is a lawful procedure that handles the

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

A will, with a financial power of attorney, a healthcare directive, and maybe a trust, is likely the most crucial thing to put in a

There are five ways life insurance plays a crucial role in estate planning. With life insurance, you can ensure that your loved ones will have

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

Introduction What could be worse than going through a formal probate court process when a loved one passes away? Whether conducting two of these court

Are you thinking of getting into probate? First, you must think about how to go through all the procedures and who will secure a probate

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.