12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Do I Need a Probate Lawyer in Zip Code 11901

Do I Need a Probate Lawyer in Zip Code 11901


When the time comes to die, make sure that all you have to do is die!
 
- Jim Elliot


Probate is the process that occurs after an individual passes away. It involves distributing assets and taking care of any debts. This process happens regardless of whether or not there is a Last Will and Testament.

A probate lawyer is an estate or a trust lawyer that can help manage the filing of the last testament or will of a deceased individual. Probate attorneys can also help create a Last Will and Testament and can assist with trust planning (including Living Trusts) as well as powers of attorney and medical powers of attorney. They can assist the executor of the will with preparing and filing of all documents required by a probate court.

Some people do estate planning on their own and others get legal advice from a probate or trust lawyer. As the executor winds up an estate, they may want legal advice from an experienced lawyer who is familiar with both state law and how the local probate court works. However, not all executors feel the need to hire a probate lawyer. If the estate doesn't contain any unusual assets and isn't too large, the executor may be able to complete the task without a lawyer's help.

Several factors may help an executor decide if they need the help of a probate lawyer. Was there any probate-avoidance estate planning? Assets can be transferred to their new owners without probate court if they are held in joint tenancy, survivorship community property or transferred to a Living Trust. Probate is also unnecessary for assets for which the deceased person named a beneficiary—for example, retirement accounts or life insurance policy proceeds.

Things get more complicated when an estate includes a business, commercial real estate, or any other asset that requires special handling. You may want to consult experts if you need to manage, appraise, or sell a business.

If there's enough money to pay off debts (taxes, medical expenses, funeral costs, credit card bills, mortgages, car loans, etc.), with some left over for beneficiaries, you won't have to figure out which debts to pay. If your initial investigation reveals that there may not be enough money in the estate to pay debts and taxes, don't pay any bills before you get legal advice. State law gives some creditors priority over others.

Today, more than 99.7% of all estates don't owe federal estate tax. There's also a very small chance that the estate will owe estate taxes to the state. You may need expert legal and tax advice if the estate is large and must file an estate tax return, either with the IRS or the state taxing authority.

Many states offer small estate procedures such as summary probate and an entirely out-of-court process that requires presenting a sworn affidavit to the person or institution holding the asset.

Are family members talking about suing over the estate? Probate lawsuits tear families apart and can drain a lot of money from the estate in the process. A lawyer may be able to help the executor avoid a court battle or to deal with it if it is unavoidable.

Only you can decide if hiring a lawyer is right for you. Check out 12Law.com for listings of lawyers in your neighborhood.
 
Personalize & Print a Free NY Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free NY Living Trust Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Related Legal Services near Zip Code 11901
Michael F Maloney Esq PC
211 Roanoke Ave
Riverhead, NY 11901
(631) 208-9062
Attorneys
Duffy Willian M Attorney & Counselor At Law
131 W Main St
Riverhead, NY 11901
(631) 208-8900
Attorneys, General Practice Attorneys
Kevin M Fox P
33 W 2nd St
Riverhead, NY 11901
(631) 656-8537
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Sullivan & Kehoe LLP
518 E Main St
Riverhead, NY 11901
(631) 369-8341
Attorneys
Foster & Vandenburgh
220 Roanoke Ave
Riverhead, NY 11901
(631) 727-7991
Estate Planning Attorneys,  Attorneys,  Legal Service Plans,  Family Law Attorneys,  Divorce Attorne
Pagan Luis A
113 Griffing Ave
Riverhead, NY 11901
(631) 369-7373
General Practice Attorneys, Attorneys
By The People Document Services
112 W Main St
Riverhead, NY 11901
(866) 770-5453
Divorce Assistance,  Legal Forms,  Printing Services-Commercial,  Legal Document Assistance,  Attorn
Richard Pellegrino
112 W Main St
Riverhead, NY 11901
(855) 310-4484
Antitrust Law Attorneys, Corporation & Partnership Law Attorneys, Business Law Attorneys, Commercial
Grossman Adam B
120 Court St
Riverhead, NY 11901
(631) 727-4200
Attorneys, Legal Service Plans
Suffolk County Lawyers Service
218 Griffing Ave
Riverhead, NY 11901
(631) 727-4155
Attorneys, General Practice Attorneys, Attorneys Referral & Information Service
Smith Allen M
737 Roanoke Ave
Riverhead, NY 11901
(631) 727-3947
Attorneys
Arnoff Harvey A
206 Roanoke Ave
Riverhead, NY 11901
(631) 727-3904
Attorneys,  General Practice Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Att
Farrell William F
214 Roanoke Ave
Riverhead, NY 11901
(631) 727-2800
Attorneys
Karyn E Bell
131 W Main St
Riverhead, NY 11901
(631) 591-2714
General Practice Attorneys, Attorneys
Gallivan & Gallivan
21 W 2nd St Ste 16
Riverhead, NY 11901
(631) 591-2226
Attorneys, Legal Service Plans
Daniels Kittric Atty
220 Roanoke Ave
Riverhead, NY 11901
(631) 727-1666
Attorneys
Carter Ben
220 Roanoke Ave # 1
Riverhead, NY 11901
(631) 727-1666
General Practice Attorneys, Attorneys, Legal Service Plans
Menu Susan
739 E Main St
Riverhead, NY 11901
(631) 369-1404
General Practice Attorneys, Attorneys
William Grausso Esq.
131 W Main St
Riverhead, NY 11901
(631) 591-0833
Attorneys,  Corporation & Partnership Law Attorneys,  Business Law Attorneys,  Business Bankruptcy L
Kramer N & J
16 Wildwood Trl
Riverhead, NY 11901
(631) 727-0337
Real Estate Attorneys, Attorneys
Suffolk County Accident Lawyers
214 Roanoke Avenue
Riverhead, NY 11901
(631) 830-0197
Personal Injury Law Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US