The Probate Process
The death of a loved one is a tragic and upsetting event in life. Add the stress of having to worry about that person's home, belongings, and assests, and it may be too much to handle. Here is a GENERAL overview of how the probate process works:
- The first step is to publish a notice of administration and a notice to creditors
- Then, the creditors will notify the estate of any outstanding loans or debts
- Next, a personal representative will file tax returns on behalf of the estate to make sure all taxes are paid
- When all debts have been paid, the representative distributes the remaining property or assets to the beneficiary
While the probate process sounds simple, it is extremely complex, especially when there is no will or a poorly drafted will. The guidance of an experienced and compassionate probate attorney will help you navigate this system while minimizing your stress!
Call 407.648.4940 or contact Coye Law Firm today for a free, private strategy session about your case.
The expert estate planning attorneys at Coye Law Firm are experienced with Florida, New York, Michigan, and District of Columbia law and are here to help.
Still have questions? Click here to receive your free download of my Probate Special Report:
This Special Report is yours to keep. There is absolutely no cost and no obligation to you.
From my Probate Special Report you will learn...
-The 13 responsibilities that a personal representative has.
-The 5 different ways a personal representative's fees may be determined.
-The 3 different ways a Probate attorney's fees may be determined.
-All individuals who may be involved in the probate process.
-What you need to organize in order to move the probate process along quicker.
-What to do with leftover medical bills and Medicaid.
Click here to receive your free download of my Probate Special Report now!