Probate is the legal process that serves to prove or verify your estate after your death. It is a process that helps resolve pending debts, liquidating assets, and distributing them amongst your legal heirs. A probate lawyer near me 11549 can be useful to help navigate the legal quagmire. If you have drafted a Will,…
Details
A trust is a legal document that a person creates to hand over the assets’ ownership to the beneficiaries. Usually, in trust, there are three main parties involved. The first is the person who creates the trust, and they are commonly known as a trustor, settlor, creator of the trust, or a grantor. The second…
Details
Can probate really be simple? The myth remains that probate is a process that is complex and tedious. The truth is that proper estate planning probate becomes simple in only four steps. Find a probate lawyer near me 11550 to oversee the estate planning today! Probate As A Process: Probate Lawyer Near Me 11550 The…
Details
With the unpredictable world that we leave in, it is impossible to predict when we die. We might die when we are old, or tomorrow might be your last day. Therefore, it is vital to prepare for the forsaken day of your death. It is naive to think that after the death of a person,…
Details
The role of a probate lawyer is often an underestimated one. You tend to think that the executor of the Will can handle the probate on his/her own. It might be right for small estates, but do remember that the death of a loved one is a stressful time. Therefore it is an excellent idea…
Details
Whenever a loved one dies, their estate gets transferred to the heirs. In doing so, the deceased estate also has to pay taxes applicable to the estate. Such taxes are called estate tax or federal estate tax. It’s a complex process, hire a probate lawyer near me 11803 to protect your estate from these taxes.…
Details
You have been saving all your life to build an inheritance for your children and family. There is a good chance that if you do not plan your estate smartly they will lose a large part of the legacy to taxes and probate costs. You need to consult with a probate lawyer near me 11553…
Details
Do you want all your assets like property, money, and stocks to go to your family members when you die? If you want to secure your family’s future even when you are no longer alive, then planning your estate is essential. With a reliable and robust estate plan, you can take away a lot of…
Details
When a person dies, their estate needs to go through the probate process. The estate of a deceased mostly comprises all of the assets. Now since these assets are of some value, the government wants you to pay federal estate tax. But not everyone needs to pay these taxes. You have to pay only when…
Details
When anyone dies, their wish is to give everything they own to their kids. You would want your heirs to inherit everything you have worked hard for. But a lot of people don’t like paying inheritance tax. Since the inheritance tax can be anything between 36% to 40% of the estate, no one will want…
Details