Understanding Probate Administration in New York
We understand how difficult it is to cope with the death of a loved one while trying to figure out probate and trust and estate administration in New York. We have professional services available to help ease your burden. You can relax knowing that the job is being done right by people who care. We are here to help you both during the planning process, and when a loved one passes.
What is New York Probate?
Probate is the legal process of submitting to court for approval the will of someone who has passed away. The court validates the will and legally appoints the executor named under your will. An executor is responsible for carrying out the affairs of the estate, including collecting assets, paying debts, such as taxes, and distributing estate assets in accordance with the will.
How to Avoid Probate in New York
It is a common misconception that probate in New York can take over a year and can be expensive. We can counsel you as part of your New York estate plan so the headache and expense can be avoided, as well as the time delay. It is common for a probate to only take a couple of months when it is handled correctly.
We can help you avoid probate. But, before you decide that avoiding probate is your personal goal or your New Year’s resolution, it’s important that you realize that avoiding probate does not mean avoiding estate taxes and trust and estate administration. Avoiding probate may not make the estate settlement process less complicated or time-consuming. An experienced New York probate lawyer at our firm can help expedite the process and keep the fees down.
Russo Law Group, P.C. helps you and your loved ones handle Estate Planning, Elder Law, Special Needs Planning, Medicaid Planning, Trust & Estate, Guardianship, Small Business Planning, and Real Estate Law. We welcome you to contact our Garden City, Lido Beach, Islandia, or Manhattan, New York law offices to learn more about how we can help address your estate and trust administration legal matters.