Learn 4 Myths About Estate Planning From an Estate Planning Lawyer Near Me 11565

Estate planning is one of the most confounding topics of debate. Some people often form several misconceptions and do not realize what they want? For instance, one may need financial planning instead of estate planning, whereas others may want an estate plan but end up doing financial planning. Some people also think that they are…

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How Can an Estate Planning Lawyer Near Me 11563 Assist You Professionally?

If you are an owner of properties and assets, you should go for estate planning. As life is uncertain, it is always advisable to plan beforehand. This is where an estate planning lawyer near me 11563 comes into the picture. Putting your assets, especially the real estate ones, into the right place, can ensure peace…

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Does having the same estate planning and probate lawyer help?

 Probate and estate planning, the words can seem synonymous, they are processes that are very different. Both give your family guidance on how to manage your property after your death, but estate planning goes even further, even while you live, to detail your expectations for your health, finances, and more. An estate planning lawyer can…

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Who is Authorised to Initiate the Probate Process?

The probate process is basically the legal procedure that initiates after someone’s demise. The process determines who will get the assets of the decedent. Most of the decedent’s assets go through this process, which is supervised by the court. The said process authenticates the deceased person’s will and also appoints an executor. In addition, the…

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What Is Unsupervised Formal Probate Process?

Whenever a person dies, it is very hard to accept it. But it is very important to pass on his property to their inheritors. The process is overseen by the Probate court, which looks after the proper distribution of property amongst the beneficiaries. It is generally a time-consuming and costly process if you have a…

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The Uniform Probate Code In Layman Terms

Every state has its probate laws for the estate settlement process. The states should follow some common features of probate law provided by the country. UPC sets such a common guideline for the state, which they have to adapt accordingly to their needs.   What Is Probate? A probate process is a particular type of…

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How Probate Works If You Have Assets In Multiple States

To cover the estate’s assets and properties properly, you need to learn the property rights. Learning about different rights on the property of different states will help you pay taxes correctly. It also helps in Probate proceedings after you die. Overview Of Probate Cases With Assets In Multiple States One needs to know all the…

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Ancillary Probate Explained In Simple Terms

Ancillary probate is a secondary process, which maintains a mechanism of two probate processes going on together. The proceedings of this case are slightly different from the usuals. This process comes with some drawbacks as well. What Is Ancillary Probate? Usually, this type of  case arises when a person dies, and his assets need a…

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Probate Process in case a Will is contested

The probate process involves proving whether a will is genuine or not. A will requires to go through the process of probate. This will always be true unless a legal statute provides otherwise. The probate court will only allow the distribution of an estate after the completion of the probate process. The general probate process…

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Is An Attorney Necessary For Initiating Probate?

Probate refers to the legal process through which the estate owned by a deceased person can get transferred to his/her heirs. The process involves estimating the value of all the assets of the person and paying the final bills and taxes. After paying all the debts, the distribution of the rest of the estate takes…

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What is The Actual Connection Between Probate and Estate Planning?

Estate planning and probate seem to be highly interrelated. To understand the connection between the two, one has to understand these terms in detail. Now, probate is a legal process meant for handling the business affairs of a deceased person. This is a procedure of the court that identifies a proper will. The probate process…

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Probate Laws in Case No Beneficiary is Mentioned

What happens when there is no beneficiary mentioned in a will? What are the probate laws concerning this situation? There may also be a case when all the beneficiaries die before the will’s owner. In these cases, the probate laws of intestacy in the state rule over the case. However, it is always advisable to…

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Does Probate Include Your Credit Card Bills?

When a decedent leaves behind some debts or credits to be paid off, they are usually taken care of by the estate. In fact, these credit card debts may be an additional worry for people while they are doing estate planning. The worry concerns about who will pay off the credit card debt after the…

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How is Probate Different From State to State Because of Different Laws

Probate is a legal process as it is under the control of the probate court. It is the court who administers the probate process. The court follows state laws while managing or administering the probate process. State laws are different in every state, which is why probate is different in every state. The operations involved…

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