By: Martin M. Shenkman, CPA, MBA, JD
Law Made Easy Press
Martin M. Shenkman, P.C.
Law Offices of Martin M. Shenkman, P.C.
4 Forest Avenue
Paramus, New Jersey 07652
People are often scared of probate; however, they are usually not even sure exactly what it entails. Probate is the process of admitting a decedent’s will to court in order to receive legal documents known as “letters testamentary.”Letters testamentary give you the authority to act as executor of will (if you were named executor in the will). As executor, you are in charge of administrative tasks, such as collecting and distributing assets and paying debts:
The above is a summary of a segment of the show Simon Says: Manage Your Money, sponsored by Simon Financial Group, with guest Martin M. Shenkman, Esq. an estate planner in Paramus, New Jersey. Watch the video clip of this segment on www.laweasy.com for more financial tips.
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