Estate Planning Basics: Common Mistakes Involving Trusts
Learning about trusts can help immensely when it comes to estate planning. Placing property in trust can help you avoid a long and costly probate process. But, like other helpful tools, a trust might not fit every situation, so it must be used only when needed. For example, the best tool to use if you...Read More
What You Need to Know about Changes to Irrevocable Trusts?
If you are considering contacting a probate lawyer to help you create an estate plan, you might not be aware a relatively new provision of the law which permits you to end an “irrevocable” trust. It’s a provision that could become very useful should the needs of you and your family change over time. What...Read More
Why You Should Have a Lawyer Create Your Will?
With the advent of websites dedicated to making legal documents accessible for everyone, you might be tempted to use one of these services rather than going through an estate planning lawyer. After all, if you can use Google, you can find a template for a will almost instantly. Why should you get a lawyer’s help...Read More
Probate 101: What to Expect When Probating an Estate
Most people starting the probate process have one primary question: which of the assets need to go through probate? The answer depends on a number of factors, such as the state you reside in and what sort of property the deceased person owned, but there are a few general rules to keep in mind as...Read More
What You Need to Know about Probate and Legal Separation
Probate cases involving married couples tend to be relatively simple. In many cases, executor duties and jointly held assets pass automatically to the surviving spouse in the event of a death if one spouse dies without leaving a last will and testament. Of course, this is not the case when the parties involved are divorced,...Read More
How Wrongful Death Actions Affect Probate: A Guide for New York Families
When a person who holds an estate dies due to the negligence of another, the estate’s beneficiaries can file wrongful death or survival action in court to receive financial compensation. If you or someone you love has been affected by a wrongful death, here is what you need to know to start legal proceedings. Legal...Read More
Probate Litigation: What You Need to Know
If you are considering creating a Last Will and Testament or other estate planning documents, you probably have questions about probate court and what goes on there. After all, making arrangements relating to money and property is something most people have to do at some point. It makes sense to have all the information you...Read More
Top 5 Reasons to Consult an Estate Planning Attorney
Online services make it easier than ever to draft your own Last Will and Testament, as well as creating other estate planning documents. For some people with simple estates who do not foresee any complications, this is a viable option. However, there is no substitute for the expertise of an experienced probate lawyer. Here are...Read More
4 Types of Trusts You Need to Know About
You probably already knew that trusts allow assets to pass easily to heirs, but you might not be aware that there are several different kinds to choose from. Trusts are categorized according to when they go into effect and who owns the assets placed in trust. Here is some background information about each type to...Read More
Why Get an Estate Plan?
The majority of people would be surprised to discover a particular fact about estate planning law: every person has an estate plan of some kind, even if they never set foot in a probate lawyer’s office. Each state has laws in place in order to determine what happens when a person dies or becomes incapacitated...Read More