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Definitions on the web:
An estate lawyer is an attorney who, through years of mentoring, continuing legal education and experience, understands how to advise Personal Representatives/Executors and estate beneficiaries on settling all of the affairs of a deceased person.
An estate lawyer, also called a probate lawyer or attorney, is responsible for taking a Personal Representative/Executor through the entire probate process. An estate lawyer can also be hired to advise the beneficiary of an estate on legal and other matters presented to the beneficiary by the Personal Representative/Executor.
Estate Law is that part of the law which regulates wills, probate and other subjects related to the distribution of a deceased person’s property.
The property that remains in a deceased person’s estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse.
Estate Planning is more than just a simple Will. It also typically protects your wealth and assets by minimizing potential taxes and fees, sets up contingency planning to make sure your wishes regarding health care treatment are followed, manages and administers your estate and appropriately distributes your assets to your intended heirs.
Probate Estate Definition: all of a deceased person's estate that is administered under the jurisdiction of the probate court Some assets, such as certain insurance proceeds, generally do not become part of the probate estate and are said to «pass outside of probate."
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