How to Probate a Will

There are three major phases of probate. The first phase consists of applying to the Surrogate’s Court to admit the will to probate and to appoint the executor. Phase two consists of the executor collecting the decedent’s property and determining the debts. The final phase consists of the executor accounting for all estate activity: what was collected, what was paid out, and what is left to distribute to the beneficiaries.
FAQ

What are Living Trusts in New York?

A living trust can be an excellent estate planning tool for many individuals with significant assets that they want handled a certain way. The process of creating a living trust can seem overwhelming at first, however, it can be significantly less complex when you understand the basics of what living trusts are and how they can be utilized to help you create a comprehensive estate plan that covers all your bases.
FAQ

How Long Does Probate Take?

Probate is rumored to be a lengthy, difficult, and awful process, which is why many people attempt to avoid it when at all possible. However, while the process can be confusing and frustrating, it isn’t always as bad as it’s made out to be. A full understanding of the necessary steps involved in probating a last will and testament in New York is key to estimating how long the process will take. Be aware that the unique circumstances of each estate can greatly change the timeline. And there is no way to know exactly how long probate will take until it is complete. Time estimates vary widely because every estate is different.
FAQ

What is the Probate Process in New York?

If you’ve read anything about estate planning, you’ve likely heard the term “probate” at least once or twice. Probate is an important part of administering the estate of a person who has passed away, but it can be difficult to comprehend and even more challenging to actually navigate. Understanding the basics of the probate process can help you prepare for what will happen when a last will and testament is probated and what you can do to make the process more efficient and cost effective.
FAQ