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The Importance of an Estate Plan
Although estate planning can appear be a complex task, the Law Office of Parag Shah make it easy with our knowledgable and experienced team. We help you Protect your Assets, Preserve your Estate, Reduce Probate & Taxes, and Ensure your Needs are Met, A well-informed plan can make a big difference in what is left for your loved ones.
THE PROBATE PROCESS
Probate is a legal process of distributing one’s estate after someone passes . It includes identifying and inventorying property, having it appraised, paying debts and taxes, and distributing the remaining property to heirs.
Typically, probate involves paperwork and court appearances by lawyers. The lawyers and court fees are paid from estate property, which would otherwise go to the people who inherit the deceased person’s property. A carefully crafted Estate Plan can help you avoid you reduce or minimize the probate process
Latest News & Articles
There’s an important legal principle that says “ignorance of the law is no excuse.” Which means a person who is unaware of a law may not escape liability for violating that law merely because one was unaware of its content. That is why we try to do everything we can to give you the latest legal updates.
What a Will Won’t Do
Wills are wonderful, simple, inexpensive ways to address many people’s estate planning needs, but they can’t do it all. Here are some things you shouldn’t expect to accomplish in your will.
An intro to Living Trusts
The big advantage to making a living trust is that property left through the trust doesn’t have to go through probate court. In a nutshell, probate is the court-supervised process of paying your debts and distributing your property to the people who inherit it…
Probate & Why Avoid It
Probate is the legal process by which a deceased person’s estate is distributed to heirs & designated beneficiaries. Also, how any debt owed to creditors is paid off. The estate is generally distributed according to one’s Will, or according to state law if no Will exists.