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September 2013 Archives

5 Steps to Prepare for Probate

How should you prepare yourself for probate in New York?

Probate is the legal process of transferring property after a person's death. Usually, the terms of the transfer follow the intentions of one's will, but there are other sources that can come into play. In a nutshell, property is gathered and collected, debts are paid off, and then the rest of the assets are distributed accordingly.

It's always smart to think about how you'll want to prepare for the future. So, with that said, here are 5 steps to prepare for probate in New York: