You might have done a Living Trust or Living Will, but that may not be sufficient to distribute the assets of your estates after you die. It is essential that you should make an estate plan or will before you leave the earth permanently. Here lies the importance of probate that legally makes provision to settle all disputes related to an estate under the supervision of the court. The Aminov Law Office remains the pioneer in such activities among all the practicing company for the estate planning and probate process.
About Aminov Law: The law office of Aminov Law is an estate planning and client-centric trust that concentrates its activities in estate planning, probate, and elder law. At Aminov Law, the need and comfort of the clients are of paramount importance before anything else. The firm has years of experience in ascertaining the situation of the client and implementing a proper plan. Plans are made as per the need of the case that can meet the goal to the satisfaction of clients.
The company has immense expertise in the drafting of a will, health care proxies, power of attorney, and different types of trusts. Lawyers of the company sit down with the clients and listen to the case history for ascertaining the need for making the correct plan. The company has implemented estate plans successfully for high net worth individuals as well as for middle-income clients having complicated family situations.
Throughout New York City and Long Island, Aminov Law firm represents family members for estate and probate administration proceedings. The firm also helps the elderly clients adequately to structure their assets properly for Medicaid. Several essential and excellent articles have been published by the firm in many magazines on elder law topics and estate planning.
How the process goes? The clients can come in the office of the firm for consultation on several issues which the lawyers are eager to solve. The method of probate begins with the appointment of professional representatives or executors for the estate. It can be a person mentioned in the last will of the deceased who is usually a surviving spouse or a child. It can also be someone that is appointed by a court in case there s no mention in the will.
Once the name of the executor is declared, the executor will be authorized legally to collect as well as appraise all assets of the estate of the deceased. The executor will have the authority to pay bills, pay off accrued debt, taxes, and to distribute the remaining asset judiciously among the beneficiaries. The completion of the entire probate process is more complicated than it seems and it may even take up to nine months to settle in a court.
Why is probate necessary? Probate can keep the occurrence of fraud at bay when someone dies, and probate can help to ascertain the legal heirs for the estate. The judge can verify the validity of the will with the help of probate, and the relevant parties can also get notified after the validation.
Aminov Law | NY, NY 10016
260 Madison Ave #204
New York NY 10016