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Category: Probate

Probate services refer to the legal services provided to individuals or families involved in the administration of a deceased person's estate. These services typically involve the court-supervised process of distributing the deceased person's assets and properties to their beneficiaries or heirs according to their will or state laws if there is no will. Probate services may include drafting and filing legal documents, representing clients in court, resolving disputes between beneficiaries, managing estate assets, and advising clients on tax implications and strategies for asset protection. The goal of probate services is to ensure that the estate is distributed in an orderly and fair manner while minimizing costs and maximizing the value of the estate for the beneficiaries. Probate services are often provided by lawyers, but may also be provided by other professionals such as estate planners or financial advisors.

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Co-op and transferring to the kids

How Does Probate affect Real Estate Transactions?

Posted on: December 7, 2020 | By: David Parker, Esq.
Is it better to transfer the title of the home to us, or to leave it as it is given her age and go through probate?
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What doesn't Medicare cover.

Intestate - How Does Court Choose an Executor if a Will Isn’t Available?

Posted on: December 1, 2020 | By: David Parker, Esq.
An essential part of estate planning is selecting someone to represent you after your death in the management of your estate. This personal representative is also known as an executor, or executrix, if you choose a woman as your personal representative.
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What is a POD account ?

What Did Steve Bing ’s Estate Plan Look Like?

Posted on: November 18, 2020 | By: David Parker, Esq.
Steve Bing — who inherited $600 million from his real estate developer grandfather at the age of 18 — only had about $300,000 left to his name at his death, leaving him relatively broke.
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Is there a step-up-in-basis for real estate?

What Do I Do If Property I Just Inherited Has a Mortgage?

Posted on: November 17, 2020 | By: David Parker, Esq.
What happens if you inherit your loved one’s home? What if they still have payments to make on their mortgage? We’ll explore these and other questions you may have below.
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Andre Zarre 's Will Contest

Why Is the Art Dealer, Andre Zarre 's Family Contesting His Will?

Posted on: November 11, 2020 | By: David Parker, Esq.
After art dealer Andre Zarre died in July, at age 78, his relatives got a surprise call from someone named Jose Yeje, co-owner of a deli in Queens. Yeje told them that, just nine days before his death, Zarre changed his will to name Yeje as the executor and sole beneficiary of his estate, which is worth millions.
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How do I know if I have an IRA inheritance ?

How Do I Know If Mom Left Me Her IRA Inheritance ?

Posted on: November 10, 2020 | By: David Parker, Esq.
My mother and father had retirement funds. My father passed and it went to my mother. My mother got remarried and she had a will when she died. My stepfather is to get what they agreed upon. She never made him the beneficiary of that retirement fund that was between my mother and father.,  However, when I asked to see the amount of this fund, the executor would not produce it. How can we find out the amount?
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What doesn't Medicare cover.

What is Attorney Client Privilege after You Die?

Posted on: October 26, 2020 | By: David Parker, Esq.
Attorney-client privilege requires that attorneys keep confidential and refrain from sharing all secrets and other confidences of clients.
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Can a BDIT save you on taxes?

What’s Involved in the Probate Process?

Posted on: October 12, 2020 | By: David Parker, Esq.
The probate process refers to court proceedings that you have to go through when a loved one passes on, and they have left an asset in their name.
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What is a POD account ?

Estate Planning for Asset Distribution

Posted on: September 22, 2020 | By: David Parker, Esq.
The distribution of some of our assets can be governed by contracts. Examples of these contracts include life insurance, investment accounts, bank accounts and trusts.
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Daughters of Don Lewis from Tiger King File Lawsuit

Posted on: September 10, 2020 | By: David Parker, Esq.
The surviving daughters of Don Lewis, a Tampa man who went missing 23 years ago this month, have filed a lawsuit in Hillsborough County court against Tiger King subjects Kenny Farr and Carole Baskin, along with a woman listed as a witness on Lewis’ will.
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