Lawyers Glastonbury, CT Kane, Hartley, Kane

What's the difference between a real estate agent and a real estate lawyer?

A real estate agent helps you find or market real estate, and negotiate the sale or purchase of a property. A real estate lawyer is a legal professional who focuses on protecting your interests throughout the transaction. We review contracts, conduct title searches, and handle the legal aspects of closing. We ensure your rights are protected and help you avoid potential disputes or fraud.

What is estate planning, and who needs it?

Estate planning is the process of determining how your assets will be managed and distributed after you pass away. It’s not just for the wealthy; anyone who wants to protect their loved ones and ensure their wishes are honored should have a plan. A comprehensive estate or wealth plan can include a will, a trust, and healthcare directives.

What's the difference between a will and a trust?

The main difference is when they go into effect. A will is a legal document that directs how your assets will be distributed after your death. A trust is a legal arrangement that takes effect as soon as you create it. Unlike a will, a trust can help you avoid probate. It can also ensure your personal details remain private.

What is probate, and is it always necessary?

Probate is the legal process where a court oversees the distribution of a deceased person’s estate. It ensures debts and taxes are paid before assets go to heirs. While often necessary, probate can be time-consuming and expensive. You can sometimes avoid it through strategies like creating a trust or holding assets in joint ownership with a right of survivorship.

Who is responsible for administering an estate?

When a will exists, the person responsible for administering an estate is the executor. If there is no will, the probate court appoints an administrator to handle the decedent’s affairs. Executor and administrator duties include collecting and inventorying assets, paying debts, and distributing the remaining assets to beneficiaries.