
What does a Probate Attorney do if assets are found after Probate?
Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also
Home » Blog About Estate Planning

Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also

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

Ancillary probate- The ancillary probate is an extra probate process when the deceased person (decedent) has owned property in a state outside the state where

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

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

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

Inheritance tax: What is it? One form of tax that certain state governments impose is inheritance tax. You don’t need to be concerned about inheritance

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

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.

Estate planning is not just for Wealth. Even though we usually associate the word “estate” with the extremely wealthy. Everyone can gain from having an

What is an estate planning attorney? Estate planning attorneys are those attorneys who have expertise in estate planning and have a brief understanding of both

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

What is Probate? A person expresses his desire to share their property with loved ones through a will. A probate is a court procedure to

212.596.70.39 Share This Post More To Explore Subscribe to our Newsletter

A probate process helps in the rightful possession of a will. A probate court, which has the legal authority to resolve issues relating to wills

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

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

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

Overview of the Probate process The probate process begins when the executor of an estate files a petition with the probate court. During this point,

Everyone should consider estate planning sooner or later because it is the only way to guarantee that your end-of-life wishes should be carried out. Everyone

It is important to note that the beneficiary of the trust may not be happy with the money withdrawn from the trust account, and do

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,

Business is one such field where the people are busy and they have literally no time for themselves. In the line of business, you think

What is Estate planning? Estate planning is deciding who will get your assets, estate, and personal belongings upon death. This includes planning how much of

Probate is a judicial process in which a will is “proven” in court and accepted as a valid official document. The valid document constitutes the

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

Will is a legal document in which a person specifies how their assets will be divided, allocated, and utilized after they pass away. Everyone living

Estate planning attorneys are licensed legal professionals who specialize in the field of Estate planning and have a clear and thorough understanding of federal and

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

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