Reducing Probate Assets Part 1 of 2

Reducing Probate Assets Part 1 of 2

Not all estates will pass through probate, and for those assets that will go through the process, not all will be distributed. You might find a will-maker avoiding probate on a multimillion-dollar estate, then getting their low-value estate going through probate. So, when trying to avoid probate, you need to understand that the probate administration…

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Probate Administration 101

Probate Administration 101

Probating your estate isn’t your responsibility; this is because it takes place long after you are gone. However, how you handle the assets from now till the time you pass away determines whether the estate will go through probate or not, and how smooth the process will go. This is the reason why you need…

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How to Obtain Probate in New York - The Probate Process

How to Obtain Probate in New York – The Probate Process

New York’s probate process is carried out in surrogate courts, overseen by a probate judge. When an individual dies, beneficiaries do not receive their inheritance until probate determines validity. As soon as probate starts begins, the surrogate court assumes the responsibility of overseeing the estate’s administration and distribution of the deceased’s estate. Probate is initiated…

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