Trusts, Wills & Estates Chat Archive

Date: October 4, 2012
Host: Sharon M, Siegel

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Whether you're trying to figure out if you need a "power of attorney," or have suddenly found yourself the executor of your uncle's estate, it's hard to keep up with the legal jargon of managing your assets and processing a will. Bring your questions to a live chat with estate planning and probate lawyer Sharon M. Siegel, starting at 10 p.m. Eastern (9 Central, 7 Pacific) on October 4th.

SHARON SIEGEL, a New York lawyer, practices in the fields of estate planning and administration, contested estate and trust proceedings, elder law and guardianships. She also has significant experience in real estate and corporate law. Sharon graduated from Benjamin N. Cardozo School of Law of Yeshiva University. Sharon says of having handling large and small estates and having planned for and worked with individuals of substantial and modest means, "Representing such a wide spectrum of individuals has trained me to look at situations from almost every angle - legally, tax wise, and practically." Sharon says that because her practice area touches on the most emotional and private facets of someone's life, she considers developing a relationship with her clients central to her practice. Sharon is admitted to practice in New York State.

Live Chat Transcript

Sharon M. Siegel: "hi."

Sharon M. Siegel: "Since we have no preposted question and the chat room is empty tonight, I thought I would take this opportunity to address a question that is raised quite often to me."

Sharon M. Siegel: "What is the difference between a probate process and an administration proceeding. A probate proceeding is initiated by the named executor (assuming he or she fulfills his or her obligations to offer the will) under a last will and testament. This is the commonly referred to as a "probate proceeding"."

Sharon M. Siegel: "However, when a decedent dies leaving no last will and testament, usually the next of kin initates an administration proceeding with the court in which he or she seekd to be appointed as administrator."

Sharon M. Siegel: "An administrator and an executor are both considered fiduciaries and both have a fiduciary obligation to the estate."

Sharon M. Siegel: "Have a nice week. See everyone same time next week."

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