Probate Basics: Part I
By Martin Shenkman, CPA, BMA, JDProbate can be a very difficult and confusing prospect. When somebody passes away, you take their original will and death certificate to the court. The court will give the executor of the estate a seal that allows them to be in charge,
1. You should not necessarily publicize ones estate
2. When making your will deal as objectively as possible
3. Ultimately the goal is doing what is best for your family or loved ones, not simply to avoid probate.
4. Consider living trusts
The above is a summary of a radio show on MMFN Money Matters Financial Network, with host Gary Goldberg, of Gary Goldberg Planning Services, Inc. in Montebello, New York, and his guest Martin M. Shenkman, Esq. an estate planner in Paramus, New Jersey. Listen to the audio clip of this segment on www.laweasy.com.
