Probate (with Will)
If you do nothing regarding your property by the time you die, does the state get it? Many of our clients ask us this question. If you are one of them, we are happy to say that we can provide a variety of answers in which the state does not get it, each answer being individually tailored to your specific circumstances. In fact, we can do better: we can help you ensure that the right people receive your property when you are gone.
When a loved one dies, the family’s resources, both emotionally and financially, can be challenged. Our firm can help settle the estate, both fairly and equitably. The estate settlement process will often involve presenting a Will to Surrogate’s Court for approval. This process is called Probate or Administration.
The process results in the court’s appointment of an Administrator or Executor, who has the court’s authorization to collect the deceased loved one’s assets from banks, stock companies and other financial institutions. The Executor or Administrator is awarded “Letters Testamentary” or “Letters of Administration.” A court appointed estate representative owes a duty to the estate and all the beneficiaries. Our firm can help the Executor complete the estate tasks efficiently and effectively, including informing all heirs of the estate’s status.
Our probate administration services dispel the many myths that surround this process. We have assisted our clients in a wide variety of matters, including:
- Locating assets
- Valuing property
- Taxes (estate and income)
- Observing the terms of the will
In all of these matters, we draw on our larger practice in estate administration and trust management as well as on our practice in estate planning. Our experienced legal judgment puts our clients at ease and helps them make their legal decisions with confidence when it comes to probating their estate.
HELPFUL PROBATE POSTS
“Probate – Letters of Administration C.T.A.”
“To Probate – or Not to Probate. That is the Question. Below May Be The Answer”
“So You Need Immediate Access to Your Descendent’s Assets…”
“Owed Money from a Dead Person? File a Claim Against the Estate”
“Do You Need to Probate when Real Property is the Sole Estate Asset?”
“Probate Will Tips for New York City”