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Q: Who can be hurt most by neglecting estate planning?
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Who owns the most real estate in NYC?

Jerry Speyer is the most real estate owner in NYC.


Do you need a real estate license to start a real estate investment in Florida?

In most states, if you plan on just investing in real estate and not mainly on selling or brokerage in real estate you won't actually needs a license to do do. But you will need a help of a licensed and experienced real estate agent to help you in planning out your goals for your investments and studying the market. On the other hand, you can also take licensing classes to gain a license so that you would be educated about the current rules, market trends, legal processes and items that you need in gaining knowledge about real estate and investing.


What are difference between an estate agent and an auctioneer?

An estate agent is an agent who is in control or charge or the estate. The auctioneer is the one who is going to get the most money they can from the estate and property.


As an individual which financial planning software is the most effective?

Quicken is a great option for financial planning. It has been around for many years, and has many great features such as tracking your income, finances, investments, and real estate. It is also made to work seamlessly with Turbo Tax. You can export all of your data entries directly from Quicken, into Turbo Tax.


Can children from first marriage claim estate?

They can certainly claim a portion of the estate. They are entitled to it as much as any other descendants. And in most cases if there is no will, there is a portion of the estate that they get.

Related questions

How many adult Americans have no power of attorney?

The answer to your question is most likely "most". Most Americans do very little estate planning.


How to Learn about Estate Planning?

One of the most important things that anyone who is getting up there in age can do for themselves is to start looking into estate planning. Estate planning is a process that can often be quite confusing and is best done with the help of a professional. No matter your situation, it is important to think about estate planning at a certain point in life. While it may feel like you’re on your own, learning about estate planning doesn’t have to be difficult.In general, the best way to deal with estate planning is to work with a professional who deals with it on a daily basis. Since the process of estate planning can be convoluted, doing it yourself could lead to making costly mistakes that you end up regretting for years. Professional estate planners, however, do this type of work every day and know the ins and outs of the system. If you can find one who you trust to make the right decisions for you, you will find that you will be far less stressed about your situation than if you had chosen to do otherwise.While employing the help of an estate planner is crucial, it is also important that you know as much about estate planning as possible, as any knowledge that you can get behind you will assist throughout the entire process. Learning about estate planning is far easier today than ever before, as the internet is full of resources that explain every aspect of the process, as well as what to watch out for when working with an estate planner. Also, it is quite common for estate planning professionals to give seminars and talks on the subject, during which they often pick out tips that can be instrumental in helping you get through the process.In the end, estate planning doesn’t have to be hard so long as you don’t take it on yourself. Hiring an estate planning professional and learning all you can about the process will ensure that things go as smoothly as possible.


What forks hurt the most?

why would that question help you in the real world ... well if your planning an assasination its a pitch fork that hurts most


What has the author Earl S MacNeill written?

Earl S. MacNeill has written: 'What women want to know about wills' -- subject(s): Popular works, Wills 'Making the most of your estate' -- subject(s): Estate planning


What kind of lawyer will represent you if you want to write a will?

You should look for an attorney who specializes in probate or/and estate planning. Most "general practice" attorneys can also draft a Will.


Why it's important to hire an estate planning attorney.?

Thinking about one's own mortality is not a very pleasant experience and one that a lot of people tend to try and avoid. However, despite the natural aversion to it, it is a topic that everyone should think about because planning what will happen to your estate after you pass on is perhaps one of the most important planning processes that you will ever have to undertake. Estate planning can be a very daunting endeavor. There are many real and tangible decisions that need to be made, many of them rife with legal, financial and emotional ramifications. That is precisely why is key to not go at it alone and instead employ the services of a skilled, knowledgeable, and experienced estate planning attorney. In fact many jurisdictions in the United States do not even acknowledge a holographic will, a will that is written by a lay person, and will only admit into probate a will that was properly drafted and executed by a licensed attorney. What that means is that if you simply draft a will by yourself, there is a very good chance that the probate courts will simply ignore it and distribute your estate through intestate succession, meaning that your last wishes regarding the distribution of your estate will not be honored and you will have no control over what happens to your possessions or who gets control of them. By hiring an estate planning attorney you will be giving yourself the peace of mind that your final wishes will be honored. Moreover, an estate planning attorney will be able to best help you navigate the many laws that surround inheritance. He or she may be able to advise you as to how to best set up your assets to ensure that your heirs inherit as much as they possibly can from your estate without large portions of it being paid in taxes. The laws surrounding estate planning are highly technical and complex and require a very specific type of knowledge and experience. Not just any attorney can do it. So if you are in need of estate planning services, please do not hesitate. Reach out to an estate planning attorney today.


Is there a simplified estate procedure?

Estate procedures will vary from state to state. Some states have simplified procedures depending on the value and nature of the assets involved. In most cases, most people are better off with a living trust to avoide probate all together. However, you should consult with a probate/estate planning attorney familar with the laws of your state.


Are financial planners the best people to see for estate planning?

It depends upon the size of your estate and the qualifications of the fiancial planner. Most people will find that a fiancial planner is the best option or they can even figure out the details themselves with research. However if you have a large estate or complications with your heirs( for instance if they don't get along) then you'd be better off getting legal advice from an estate lawyer.


What Are the Benefits of Working with Estate Planning Lawyers?

When you begin to plan for the future and for taking care of your family in the event of an accident or serious illness, you may be tempted to look into online services rather than estate planning lawyers. While it may appear that you’re able to save money by using legal forms online, there are a number of benefits that estate planning lawyers offer. What are some of the benefits that you’ll discover when you start working with estate planning lawyers? First and foremost, when you work with an attorney who specializes in wills, trusts and other estate planning activities, you can be sure that your documents are not being prepared with a cookie cutter approach. Working with an estate planning attorney will ensure that you are asked the right questions throughout the process - and that will help you to know that nothing has been overlooked as your documents are created. Similarly, when you work with estate planning lawyers to create the documents that you need, you will find that you are working with the most current legal data available. In other words, if you’re looking into using online tools to save money, there are no guarantees about when the forms were last updated. If laws have changed in any way, working with an attorney will ensure that you are aware of it. Finally, by working with estate planning lawyers rather than trying to create wills, trusts, or other documents on your own, you will make a personal connection. If your situation changes - your income changes and you’d like to put a greater amount into the trust you form or you have been looking at a different individual to be the guardian of your children - you’ll simply need to make a phone call to ensure that your documents are updated accordingly. Ultimately, what you will find is that working with estate planning lawyers enables you to know that you’re getting the best possible services and that your needs will be met. When you work with a specialized attorney to create your estate documents, you can rest assured that your loved ones will be taken care of exactly the way that you want them to be.


When should a living trust be updated?

A living trust should be updated when there are major life changes, such as marriage, divorce, birth of children or grandchildren, significant changes in assets, or changes in your chosen beneficiaries or trustees. Additionally, it is recommended to review and update your living trust every few years to ensure it still aligns with your wishes and current laws.


Can jewelry be specified in a will?

Most certainly. Individual items, particularly heirlooms, can be left to specific people. In some states it is even a separate listing. Consult a probate or estate planning attorney in your jurisdiction.


Who owns the most real estate in NYC?

Jerry Speyer is the most real estate owner in NYC.