How do I find Probate Homes?
Real estate investors need homes that sell below the market price to make a profit. While foreclosure and short sale properties offer potential profits, there’s tough competition for these properties, which usually drives the price up. Probate properties, while harder to locate, may offer a better deal and less competition. Many investors either don’t have […]
Are Probate Records Public Information?
Probate court is a legal process that follows a person’s death. It goes through various stages to help settle the estate, handle any outstanding debts, and distribute assets to named beneficiaries. Probate records are public records. These include everything from a will to estate inventories, letters of administration, and any document related to the estate’s […]
Probate Assistance
What is Probate Probate is the process of proving the validity of the Last Will of the decedent in Surrogate’s Court. It is a complex legal proceeding that may take up to one and a half years in the State of New York. If you live in New York City, the cost of probate can […]
Guardianship and Conservatorship What’s the difference?
Generally, adults are capable of making their own financial and health-related decisions, but if an adult becomes incapable of making sound decisions, be it due to a physical ailment or mental illness, someone else will need to be in charge of making those decisions instead. This is where conservatorships and guardianships come into play. In […]
Things to do when someone dies
Get a legal pronouncement of death If your loved one died in a hospital or nursing home where a doctor was present, the staff will handle this. An official declaration of death is the first step to getting a death certificate, a critical piece of paperwork. But if your relative died at home, especially if […]
Role of a Probate Lawyer
As the old saying goes, you can’t take it with you when you die. But a probate lawyer can help surviving family members settle your debts and distribute your assets after you’re gone, with or without a will. What Is a Probate Lawyer? Probate lawyers help executors of the estate (or “administrators,” if there is […]
What if the Executor does not Probate the Will
If you’ve been appointed as executor of someone’s estate, you’re tasked with filing the will and opening a probate case when that individual passes away. But what happens if you do not probate a will? Perhaps you’ve changed your mind about serving as executor or you simply have other, more pressing priorities to manage. You […]
Are Probate Records Online?
You may want to know if a loved one’s estate has been settled after their death or perhaps you just found out that a family member passed away some time ago. If you are looking for information about the estate of a decedent, especially if you may be one of the heirs, you can often […]
What Assets are subject to Probate
Probate is the process where a court oversees the property management of a deceased person to ensure that all their debts are paid and that their remaining properties are transferred to the appropriate parties. In some cases, probate is required regardless of whether the deceased has left a will. That said, not all of a […]
Does a 401K go through Probate ?
A 401(k) plan is a tax-advantaged, defined-contribution retirement account offered by many employers to their employees. It is named after a section of the U.S. Internal Revenue Code. Workers can make contributions to their 401(k) accounts through automatic payroll withholding, and their employers can match some or all of those contributions. The investment earnings in […]