Probate Attorney Long Island
Address: 8 Jerusalem Ave Hicksville, NY 11801 Phone: (516) 467-5592 Website: https://probateattorneyinlongisland.com Category: Estate Planning Lawyer, Lawyer, Law Firm Hours: 24 Hours Payment Types: Cash, all credit cards, check Description: Probate Lawyers Would Assist You Through Probating Process: Placing a value to your asset In initiating the probating process, one of the first things the executor of the Will must do is estimate the monetary worth of the assets left by the deceased. The executor must ensure that each asset is well accounted for, and itu2019s worth known. Part of these assets will be used to settle the outstanding debts (if any) of the deceased, as well as paying for funeral expenses. An accountant may also be hired to offer accounting services accounting as regards the estateu2019s monetary worth. Heu2019ll as well be paid out of the estateu2019s purse. If the net value of the estate is not enough, then the beneficiaries will definitely not get the exact amount of estate property that the Will stipulates. Probate lawyer would help settle Issues with creditors The executor may also be faced with claims against the estate. Imagine the deceased dying and leaving a multi-million dollar estate. Lots of people from the public may come out of nowhere and claim to be creditors of the deceased, all for the purpose of reaping where they did not sow. knowing a real creditor from a thief would require thorough investigation and presentation of legal documents. You as an executor cannot oversee this on your own. You need the expertise of the Probate Lawyer. Distribution of assets among beneficiaries The probate lawyer would help distribute assets to named beneficiaries. The executor may not get along well with the beneficiary or beneficiaries. During the probating process in the law court, he might seek to prove how qualified the beneficiary is to benefit from the asset. Also, a will can be u201ccontestedu201d by the beneficiaries. To resolve all these issues, youu2019ll need to hire a Probate Lawyer. Keywords: Probate attorney, probate attorney near me, probate lawyer, probate lawyer near me, best probate attorney, best probate attorney near me, best probate lawyer, best probate lawyer near me, Long Island, Nassau County, Suffolk County, NY GMB Listing: https://g.page/probate-attorney-long-island Social Links: https://youtu.be/OI8wTjlEj_Q https://web.facebook.com/pg/Probate-Attorney-Long-Island-109728060708647/about/ https://twitter.com/attorney_long
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