If you’ve read anything about estate planning, you’ve probably heard of something called probate – often in the connection with why to avoid it. But beyond the attorneys who practice this particular area of law, few people understand what probate actually entails. Many people ask: Is probate really that bad?
In this session, New York City Probate Attorney Shannon McNulty shares a clear, step-by-step overview of what actually happens in probate, helping to dispel common myths and ease your concerns about this legal process.
Here’s what we covered:
- Understanding Probate vs. Non-Probate Assets: How the type of assets determines whether probate is necessary.
- Avoiding Probate Pitfalls: Learn when and why probate becomes complicated and how to minimize delays.
- The Role of Executors: What the executor or administrator is responsible for, and the risks they face if things aren’t handled properly.
- How Location Impacts Probate: The differences in probate timelines and processes depending on where the decedent lived.
- What Happens When There’s No Will: The extra steps and complications that arise if a loved one passes without a valid will.
- Delays and Problems: Why probate can take longer than expected and how you can avoid common challenges, from missing documents to locating heirs.
Whether you’re planning your own estate or managing the affairs of a loved one, this webinar will provide you with the knowledge you need to navigate the New York probate process smoothly.
