Probate is the process by which the court gathers a decedent’s assets; pays taxes and claims, and distributes assets to the named beneficiaries. Generally Probate is only necessary when a person dies with assets in his or her own name alone. Assets in a Living Trust, jointly held or with a beneficiary do not have to go through Probate.
Probate is the court process for gathering a decedent’s assets, paying taxes and claims, and distributing assets to the beneficiaries. Generally Probate is only necessary when a person dies with assets in his or her own name alone. Assets in a Living Trusts, jointly held or with a beneficiary do not have to go through probate.
Additionally, Probate takes at least six months and sometimes more and delays the distribution of the assets to the beneficiary.
Probates occurs because of one or more of the following mistakes:
Lawyers no longer keep these tools a “secret” in order to generate Probate fees. Elder law and estate planning attorneys are trained to provide information on the ways to avoid Probate proceedings and otherwise properly plan your estate.
It is always stressful when a loved one dies. Our office works with families on many difficult issues, distribution of wealth being one of them.
We are pleased and prepared to assist you and your family in expeditiously and peacefully administering your trust and estate including any necessary Probate proceeding.
If you need assistance with a Probate call (855)99ELDER or (855) 993-5337