When someone creates a last will and testament, commonly called a “will”, they name a trusted person to be the executor. That’s the person who will, with the help of an estate administration attorney, be charged with the responsibility of collecting and managing...
New York and New Jersey estate planning attorneys help people plan for their death and potential incapacity through the drafting of various legal documents collectively referred to as a comprehensive estate plan.
With respect to the distribution of assets and property after...
Revocable living trusts and last wills are two commonly used estate planning tools. Wills and trusts both have their place in estate planning, but revocable living trusts offer some benefits that a last will and testament cannot....
An individual who has been named as the executor in a will has a number of important duties that are centered on collecting the decedent's property and transferring it to the rightful heirs through probate. This is a court-supervised process that governs how an estate is managed and distributed.
How is the Probate...