Frequently Asked Questions
Business / Corporate
Wills & Estates
Probate is a process by which the court confirms the validity of a Will and examines whether the executor named in the Will has legal authority to act.
The probate process can be lengthy and expensive. Fortunately, there are ways to avoid it. A competent estate lawyer will be able to advise on how probate can be minimized.
In general terms, a power of attorney is a document that authorizes another person to make decisions on the grantor’s behalf during the grantor’s lifetime in the event he or she is unable to make decisions regarding his/her assets or health-care.
A power of attorney is effective during lifetime, whereas a Will becomes relevant after death. Both are very important documents to have and will save your loved ones unnecessary costs and distress.