Probate & Trust Administration
When a loved one passes away, there is a lot that needs to done. Many of us have heard of the perils of navigating the probate system when a loved one passes away. It is important that you meet with an experienced probate attorney before you get started, as the decisions you make in the beginning set the course for the entire process.
Also known as Estate Administration, probate is the legal process of transferring ownership of a person’s assets after they pass away. This involves paying debts and creditors and then allocating money and property among the heirs or beneficiaries.
Finding your way through the probate process can be like navigating a maze. You must find your way through new terminology, confusing paperwork, and numerous legal requirements, all while dealing with the emotions of having lost someone you love. The Estate Administration process can involve some or all of the following:
Probating the Will
Qualification of Personal Representatives (Executor/Administrator)
Finding, Managing and Administering Estate Assets
Whether you are a named executor, trustee, beneficiary, or a concerned family member, it is important that you understand your rights and responsibilities as it relates to your loved one’s estate and/or trust. The experienced attorneys at Tomac & Tomac have the knowledge and experience to help make the administration process as smooth and efficient as possible.