Probate Lawyer Staten Island
A probate attorney is a lawyer that is assigned to help an
executor or administrator of a business or estate with the probate process.
Most people might not be aware, but such attorneys are available for
consultation, and they can even be hired by a business to help it put a
business continuation plan in place.
Most business owners do not plan ahead and when they die,
their business can also die. This results mostly from poor management and
beneficiaries who have no experience in running it. The business can also get
exposed to probate, which is expensive and takes a toll on normal business
operations.
The main reason why one would need a probate attorney is so that the probate process can be easy on
the business owners and take the shortest time possible. Here are some of the
ways a probate attorney can be helpful:
The main reason to have a probate attorney is to avoid the
probate process. An attorney will advise the business owners on the best way to
pass on the business to their beneficiaries without having to go through
probate. They are more knowledgeable and will advise on whether to get joint
tenancy, living trusts, or transfer on death agreements. These are some ways to
avoid probate, and one would not know unless they consult an expert.