Founded in 1992,
Selzer Law specializes in Estate Planning,
Estate Administration (Probate),
Trust Administration, & Real Estate.
The Law consists of enforceable rules governing relationships among individuals and between individuals and their society. In a nation, the law can serve to keep the peace, preserve individual rights, protect minorities against majorities, promote social justice, and provide for orderly social change. Estate Planning is the legal process by which someone decides how his/her assets are to be passed on to others after death. Estate planning has two general objectives: to ensure that the assets are transferred according to the owner’s wishes and to minimize state and federal taxes. At Selzer Law we have dedicated our practice to the ideal that you should be able to dictate how your loved ones are taken care of.
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Believe it or not, you have an estate. In fact, nearly everyone does. Your estate consists of everything you own: your car, real estate, checking & savings accounts, investments, life insurance, and personal possessions.
No matter how large or how modest, your estate is when you die, you probably want to control how those things are given to the people or organizations you care most about.
When a person dies, their estate needs to be collected & managed.
Estate administration involves gathering the assets of the estate, paying the decedent's debts, and distributing the remaining assets.
Without a basic understanding of the estate administration process, the whole experience can be pretty overwhelming.
What is involved in a trust administration, and how does it compare with a probate?
Establishing a trust, not just a last will & testament, can help you prevent going through probate on part or all of your estate. This eliminates the need for a court proceeding or supervision. The Trustee of your estate, can then administrate and distribute the property upon the individuals death in a more simple, quicker manner & at less expense than if that property had to be probated.
The legal definition of real estate or real property is land & the buildings on it. Real estate law governs who may own & use the land.
This simple concept includes a wide range of different legal disciplines. First, real estate may be either residential or commercial. It can be owned by one person but used by another through rental arrangements. Land can be bought or sold, and due to its high value, there are many local laws that ensure real estate transactions are properly performed and recorded. Land may also pass between family members through estate planning. Finally, state & local governments have rules concerning the purposes for which land may be used -- for example, each plot of land must be used according to local zoning laws.
There Is No Lawyer More Eloquent Than the Heart.
Sylvain Maréchal (1788)