In a March column for NJ.com, a New Jersey-based estate planning attorney named Andrew Novick addresses a question from a potential client. The client asks, “How can we avoid probate and reduce the estate tax for our beneficiaries, who are our two adult children?” Novick...
During the resolution of an estate, there can be concerns about how long the process will take. In extreme cases, probate can take longer than a year to settle. In contrast, many others take a few weeks or months to close. How long it takes...
Danielle and Andy Mayoras are a married couple, and both are probate lawyers. The Mayoras couple is based in Michigan, where they run a practice that deals with probate, elder law, and estate planning, among other issues. The couple wrote a book entitled Trial &...
Whether a decedent had a valid Will or not, the probate process happens in the state of Ohio. The process begins, as any probate lawyer in Cincinnati knows, when the court appoints a person who can take care of the estate and its administration, called an executor....
When an estate goes into probate, which is after the estate holder passes away, the court distributes some of the assets and property. Other assets, called “non-probate assets,” go directly to the named beneficiaries without the court’s involvement. Knowing which assets must go through probate...
Probate occurs after a person dies and leaves behind assets to be distributed. A probate lawyer navigates the probate legal process for administering a Will. They also provide guidance when a probate court assigns an estate administrator when a Will doesn’t exist. To prepare for when your...
Some unmarried people, particularly those who don’t have children, may think a Last Will and Testament is unnecessary. They may assume the primary purpose of these documents is to ensure that dependents are cared for. Without such concerns, the documents may seem pointless. However, an attorney...
Of all the functions of estate planning, one of the most essential includes safeguarding your assets upon death or incapacitation. After all, you may have family members who would otherwise be left vulnerable after your passing. As you clarify the terms in your Will or...
There’s a lot to reflect on when writing your Will. For one thing, it’s in your best interest to contact an estate planning attorney to help you determine what information to build into this document. A legal professional at Donnellon, Donnellon & Miller will give you...
When an estate goes into probate, there can be a lot of uncertainty about when the process will conclude. Generally, there’s no typical amount of time it takes a probate attorney to work on an estate, though the actual probate process can take less than...
