Do I need an Estate Plan?
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
Home » Long Island Probate
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
212.596.70.39 Share This Post More To Explore Subscribe to our Newsletter
Introduction: The probate litigation procedure offers information, counsel, and legal representation when contesting a will or trust. For example, contesting a will or trust that
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
Giving someone power of attorney enables them to make decisions on your behalf. These choices may be judicial, fiscal, or medical. There are numerous types
Estate planning is something that most people don’t think about until they get older and need to plan for the future. Knowing your legal rights
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
What is Probate? The probate process involves examining and distributing the assets of a deceased person’s estate. A probate court frequently looks at the assets
Planning and structuring one’s assets go a long way in providing the mental satisfaction of its possessor and their loved ones. To add to the
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
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
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
A fiduciary is someone who agrees to act on behalf of and in favor of another. Fiduciary’s role is mainly to manage their finances. The
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?
A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get
What Is Probate Probate is a legal procedure through which assets are passed legally. Moreover, the probate process is considered to be problematic in the
Introduction Estate planning attorneys usually oversee the creation of living trusts. A living trust is a legal document that holds a person’s assets and property
Estate planning is something that is required for the safety and happiness of our family. Reports have suggested that estate planning doesn’t just secure your
Estate planning concerns you, the person still alive and in charge of your property, and the people who will ultimately be in the order of
Estate attorneys and probate lawyers assist non-lawyer clients in carrying out their duties as executors, personal representatives, or administrators of estates. As they navigate the
Elder estate planning ensures that senior citizens have long, healthy, and secure lives. Typically, it entails planning for future medical requirements, including long-term care. A
Becoming a qualified Probate Attorney can open a lot more opportunities for you. For example, the probate Attorney helps with estate planning after the person
Estate planning is a good choice if you own a business and if you are worried about the future of it. A lot of people
What is probate? Probate indicates that there is a court proceeding involving: In a probate case, the court appoints an executor (if there is a
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
We all know that Covid-19 has created a lot of problems in a lot of people’s lives. Even basic tasks like shopping for groceries have
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 person creates an estate plan as soon as you reach legal adulthood. Also, updating it every three to five years afterward is what many
Although the beneficiary designation is a crucial step in estate planning, it is handled separately from your actual estate plan. Additionally, if the provisions in
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.