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Probate / Estate Administration - Yana Feldman
From New York Legacy Lawyers by Yana Feldman & Associates PLLC - When someone dear to us passes away, their estate may need to undergo a court-supervised procedure known as probate or estate administration, wherein the deceased's assets are managed and distributed. However, if the assets were held in a properly funded and well-drafted living trust, there may be no need for court-supervised administration, although the successor trustee will still need to oversee the distribution of assets. The duration of the probate process is contingent on factors such as the size and intricacy of the…
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