Estate Settlements
Estate Settlements
Estate settlement can often be one of the most challenging parts of coping with the loss of a loved one. However, if estate documents were properly prepared before their passing, this process can be much smoother. With the assistance of an experienced estate attorney, the emotional burden and complexities can be further reduced.
What is Probate?
Probate is the legal process of validating a will. While it is primarily about confirming the authenticity of a signed, witnessed, and registered will, the probate process encompasses much more. It includes:
- Identifying and cataloging the deceased's property, both personal and real
- Appraising the property
- Settling any outstanding debts and taxes
- Distributing the remaining estate in accordance with the will, or state law if there is no will
When There is No Will
If someone passes away without a valid will, the court determines how their assets are distributed. The state's laws will guide the distribution based on the legal relationships of the survivors, regardless of familial dynamics. This situation is known as dying "intestate." Typically, only spouses, common-law spouses, and blood relatives are entitled to inherit under intestate laws.
Hiring An Attorney
The loss of a loved one can be incredibly overwhelming, and dealing with estate matters can make this time even more difficult. In such cases, hiring an attorney can help ease the burden. It's often best to rely on estate settlement professionals to guide you through this challenging time.