Probate and Estate Administration
We know the heavy grief and stress the death of a loved one causes to families. The probate process can add additional stressors to a situation that is already difficult for families.
That’s where we can step in. The legal team at Lannom Law can assist families with administering an estate after the death of a loved one by serving as the administrator of the estate. The primary fiduciary duty of an administrator is to protect the assets and interests of the beneficiaries of the estate.
You want to ensure the settlement of your family member’s estate is done effectively and professionally. We help the probate process proceed as smoothly as possible. Give our probate attorneys a call today to schedule an in-person or virtual conference to ensure this process is handled efficiently so that you can have peace of mind.
What is the probate process?
It is important to understand that every estate of a person who dies with a Will enters the local probate court for estate administration. A personal administrator is appointed by the court if not appointed by the Will. They must file an accounting and inventory of the estate following the approval of the representative by the court.
You need to understand that just because the Will has been “read” following the funeral, you are not entitled to the gifts or assets in the Will automatically. The distribution of the estate is subject to the estate administration governed by the probate court. The administrator must settle all of the debts and claims before distribution to beneficiaries can proceed. Notice must be given to creditors, which is governed by state statute. The administrator must give notice to all beneficiaries of any information that might affect their rights, and must provide notice when the Will has been admitted to probate. Furthermore, taxes must be paid and filed as this is another duty of the administrator.
Serving as the personal administrator is a big responsibility and takes a lot of time and care. If any misconduct or negligence occurs along the way, the administrator can be removed or sued for breach of fiduciary duty.
Serving as administrator is a big responsibility. The probate attorneys at Lannom Law have the experience and knowledge to assist you through the probate process.