
Is Probate Required if There is a Will?
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
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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

What Is Probate Probate is the judicial process whereby the court of law proves a will. The court accepts the Will as a valid public

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

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

You know it’s time to start working on your property plan. But you don’t know what essential elements to include in it. Understanding the key

A beneficiary deed can be essential to estate planning, especially if a person has an estate worth more than $5 million. So, what do you

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

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

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

Probate is the process of distributing the estates and assets of the deceased person among the heirs and beneficiaries. An executor carries out the probate

Understanding the probate lawyer: A probate lawyer is a state-licensed attorney who works with the executors and the beneficiaries of an estate to settle the

A person’s estate consists of all of their possessions and assets. It includes real estate, buildings, gold, stock, mutual fund holdings, life insurance policies, cash,

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

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
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

What is estate planning? Estate planning is creating legal documents to ensure that your assets are distributed according to your wishes. Estate planning can take

If a person’s estate does not go through probate, then any property left behind can be transferred to the next of kin without going through

The formal legal procedure known as “probate” designates the executor or personal representative who will manage the estate. The lawyer also transfers assets to the

A lot of people are more interested in planning their vacation trips rather than estate planning. They think that estate planning is only for the

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

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

What is Probate Probation is both legal as well as a financial process. This probation process occurs when someone dies and leaves their asset and

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

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

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

To understand how to avoid probate, we need to understand what probate is and the role of a probate lawyer in Kings County. Probate is

For most families, the need for life insurance is the most significant concern in life. Young children face the financial burden of supporting their families,

It is certainly very hard to contemplate your very mortality and we completely understand it. But then there are some people who ensure that their

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

Suppose your estate planning attorney is preparing an estate plan for you. Then the value of your estate is probably one of the critical factors