Seeking Counsel on General Legal Matters

About Me

Seeking Counsel on General Legal Matters

Hello! My name is Marilyn Flynn. My husband and I have an attorney named Max. We are on a first name basis with Max because he’s our attorney that handles just about everything. I’m glad you stopped by my website. I hope to be able to explain why you and everyone should have a Max in your life. We didn’t understand the importance of having an attorney present for certain contracts; not until Max explained it to us. As our general attorney, Max has helped us to write and update our wills. He has put together our living wills, power of attorneys, and many other documents. As you age, you will find that you need to have your life in order. There will be new decisions to be made and some old documents that you may want to update. A trusted attorney is vital.

How Hiring A Probate Attorney Will Help You Get Your Inheritance Quickly

Losing a relative comes with sorrow that may prevent you from performing your normal duties. During your mourning period, the last thing you want is to be burdened with the task of handling the probate process. It can only make things worse and prolong the grieving process. If you find yourself in this situation, hiring a probate attorney is advisable. They'll take charge of everything for you and ensure they're handled correctly. This article discusses how these lawyers can help you get your inheritance promptly.

Calculating the Estate's Value

Before the assets are divided to the heirs, their value needs to be determined. These assets could include a business, a house, bank accounts, or pensions. A thorough evaluation of what each person deserves should be made to distribute this property equitably and justly. This would also include considering any prenuptial agreements that may exist or gifts given over time.

A probate attorney will ensure that everything is handled correctly. They'll work with the executor to determine the value of the assets and divide the property according to the decedent's wishes. This could be through specific bequests, according to their fair market value, or through simply splitting the property evenly.

Settling Debts

Debts can make it difficult to get an inheritance. If the decedent had a lot of debts, you might have to make arrangements to pay them before the property is distributed. An attorney can contact lenders, such as banks and credit card companies, to get the balance of these debts and help you devise a plan to pay them in full. This may be through a payment arrangement over time, a settlement, or filing for bankruptcy. Once the debts are settled, they'll also help you pay any property taxes owed and guide you through the process of repairing your credit, so you finally receive your inheritance.

Estate Planning

Estate planning can be an incredibly complicated process, especially if spouses or children are involved. A probate attorney can help you with this process by helping you to execute the final testament and living trust. They'll also ensure that these documents are reviewed and legally binding before submitting them to court for approval. This will ensure that all deceased wishes are followed, and no one is left without an inheritance.

If you want to get an inheritance with less stress after the demise of your loved one, hire a probate attorney. These lawyers have the experience and knowledge to guide you through this process and take care of all your legal need.