Long Island Avoidance in Probate

Distributing Property without Probate

When a person passes away, their estate will be distributed through a legal process called probate. During probate, an estate administrator will be appointed, the individual's will be verified and various actions will be taken to distribute the estate according to the deceased's final wishes. When there is no will, the court will allocate the estate according to probate laws. There are many ways to pass property and assets to beneficiaries without going through probate in order to avoid lengthy legal proceedings and expensive court fees. Types of probate avoidance include:

• Living trust - a legal arrangement in which a person (a trustee) has title and control over certain property on behalf of other individuals (beneficiaries). When the trustee passes away, the property is automatically transferred to the beneficiaries.
• Beneficiary designations - the naming of a person to inherit the property of an individual who remains in control of the assets until their death. Can assure the smooth transfer of bank accounts, retirement accounts, stocks, bonds and other property without probate.
• Insurance - life insurance proceeds will pass directly to any beneficiary named in the policy.
• Gifts - any gifts made during a person's life will not have to go through probate.
• Joint tenancy - shared ownership that allows the surviving owner to receive the property directly.

Avoiding probate can also reduce the tax obligations of your heirs. A Long Island probate attorney from Blutter & Blutter can provide valuable advice regarding the distribution of your property and assets following your passing, and can explain the various actions you can take to avoid probate.

Probate Lawyer in Long Island

Estate planning can ensure your final wishes are carried out when the time comes. It can also facilitate the transfer of property to your heirs and beneficiaries. The firm has represented clients throughout Nassau, Suffolk, Queens and Kings counties in estate matters for many decades, and is a member of the Nassau County Bar Association, NACBA, New York State Bar Association and New York State Society of Certified Public Accountants. They are intimately familiar with estate and probate laws, and can give you advice and guidance regarding the distribution of your property. They offer caring legal support to individuals on a one-on-one basis, and understand the challenges that can arise when addressing end-of-life issues. You will always work directly with an experienced attorney at the firm, never a paralegal or secretary. They will make sure all of your concerns are addressed, and your family's future security is protected.

Contact a Long Island probate attorney for skilled and attentive legal advice and assistance with your estate.