The importance of estate planning
The importance of estate planning cannot be overemphasized. Without this plan, your loved ones will find it hard to access your assets. Dying intestate (without a will) means that your assets will be shared based on the intestate laws of your state, and I bet your wishes doesn’t conform to these laws. Below we have […]
3 Must-Have Estate Planning Documents to Get Done This Year
BY THE EMD OF THE YEAR, YOU SHOULD HAVE: THE FIRST DRAFT OF YOUR WILL With at least the first draft of your Will, your lawyer can show you the amount of assets you can use or even add toward your estate plan. A draft can save you and your family from less debts than […]
What options are available to avoid probate in Queens?
There are a few ways to ensure that your estate doesn’t undergo the complicated probate process. As an estate owner, a little insight into these options will come in handy when planning your estate. Before we look at the few available options, let’s take a look at what probate is. What is Probate? Probate is […]
Form a Revocable Trust to Avoid Probate of Your Property
Probate Probate is a legal process carried out by the probate court to validate the last will and testament of a deceased person. The process of probate involves many steps which include filling a request to the probate court to commence the probate process, enlisting of the probate assets of the deceased person, locating and […]
What Are Health Care Proxy Laws In Long Island?
The health care proxy law allows an individual to create and sign a document known as “health care proxy,” naming someone who would be responsible to make medical decisions in their stead. The appointed person is known as a “health care agent.” The health care proxy law also gives you the opportunity to write out […]
Probate Court
What Is Probate Court? Probate court is a focused type of court that deals with the property and debts of a person who has died. The basic role of the probate court judge is to assure that the deceased person’s creditors are paid, and that any remaining assets are distributed to the proper beneficiaries. The […]
What Is Granted in A Power of Attorney
POA is an estate planning tool that allows one person named as a principal or grantor to appoint another person called an agent or attorney-in-fact to make decisions on their behalf in events they are unable to make these decisions may be for reasons such as incapacity, absence, and so on. Whether you are an […]
All you need to know when it comes to disputes relating to the title
A title dispute will arise if a disagreement over the ownership of a specified property as well as the extends of land that is covered by the particular property. When do title disputes arise? Property title disputes will arise between neighbors when one wants to erect a new structure on their property while their […]
Reviewed P.O. A Rules Results to More Validations Of P.O. A Deeds
POA estate deed validations and denials in NY surrogate court have been an issue of concern in estate planning. Imagine your drafted POA being denied! It is so costly and disheartening. Well, NY surrogate court rules governing validation of P.O.A changed in Mid-December 2020 then started to operate on 13th, June 2021. These changes were […]
Probate in NYC
Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the distribution of a […]