Best Estate Planning Attorneys in Amherst, NY

A loved one has passed and there is real estate to consider. Maybe it's a residential home or maybe it's commercial real estate (and maybe even out-of-state property). What happens with the fire or liability insurance? Who takes action on looking into this? Where is the information to even look into? Is the real estate passing through probate or is the real estate titled in a trust (or owned by an entity that is wholly or partly owned by the person who passed). I find this such a confusing and worrisome area for people, particularly with the real estate passing through probate, as opposed to a trust (or entity) as there is less control over the entire matter. It's important to determine insurance needs and be proactive to protect assets which can mean making sure any current insurance in place is properly handled and/or obtaining additional or new fire or liability insurance, if necessary. On the estate planning side, keep information like this regarding insurance as part of your "important information" folder or binder so it's easily accessible by those responsible in a time of need. Please reach out with any questions!