By: Barry E. Haimo, Esq. January 9, 2018 04 - Who are the Material Parties in Probate? Read this post to learn more about the process before proceeding. Estate administration (or probate) can be a lengthy court process. As you learned earlier, it requires addressing the ABCs of a...
By: Barry E. Haimo, Esq. December 6, 2017 Understanding the Fundamentals of Estate Administration (Probate) Estate administration (or Probate) is the process of winding down a deceased's legal estate. It involves deceased's ABCs, or assets, beneficiaries and creditors. Even simple estates can take time and incur costs, especially...
By: Barry E. Haimo, Esq. November 28, 2017 03 - Types of Estate Administration (Probate): Formal v. Summary Administration There are two main types of estate administrations, which are commonly referred to as probate. They are very similar and also very different. Fortunately, you do not have to...
By: Barry E. Haimo, Esq. October 2, 2017 What’s an Estate? An estate is a legal entity just like a person, corporation, limited liability company, limited partnership and trust. An estate comes into existence only by going through the probate process in the probate court. It is formed...
By: Barry E. Haimo, Esq. July 27, 2017 (slightly modified April 21, 2018) It is never easy dealing with the loss of a loved one. However, there will come a point when decisions need to be made about the possessions that they have left behind. This includes...
By: Barry E. Haimo, Esq. July 13, 2017 With the diversity and popularity of our state, probate matters can get quite interesting at times. In addition to citizens of the state who pass away here, there are also tourists, retirees, snowbirds, various other non-citizens, spouses of non-citizens,...
By: Barry E. Haimo, Esq. January 22, 2016 What's Estate Administration or Probate? When a person passes away, his or her affairs have to be wound up and settled. There are three basic components of Estate Administration, or Probate, which we refer to the ABCs: Assets, Beneficiaries and...