A probate attorney is one of the most useful professionals to have by your side when you are dealing with legal matters regarding a loved one’s living trust, will, or estate. In short, when a loved one passes their estate which includes monetary, assets, and other things is to be frozen. This can typically last for 1 year unless there is a specific, binding requirement otherwise. During that time, creditors and others will come forward to place a claim on the estate. Even with a will, the procedure of going through a court to settle the estate can be difficult and long. Therefore, by hiring a probate lawyer in Moline IL area who has specialized experience in this area is going to be incredibly helpful for you during this time.
What Does the Attorney Do?
A probate attorney will do many things to help you through the process. The initial step is a consultation. This is an opportunity for you to learn all about the procedure. It is also a convenient time for you to get to know the lawyer and see how they work. A lawyer will aid you in various ways. They will need to meet all requirements of the court during the process. This generally includes handling any trusts, wills or estate plan that your loved one left behind. In addition, your attorney must set-up a method of paying any creditors that may be owed by your loved one from the estate. The estate encompasses everything of ownership of the person. In marriages in which one significant other passes, there are specific steps necessary to be taken to protect access from loss through the course.
It Is Wise to Work with a Probate Attorney
When you work with a probate lawyer, they will guide you through the procedure and help you to meet any of the challenges brought forth by creditors or by the court trying to stake a claim on your loved one’s assets. You also want to make certain you minimize any taxes that must be paid as well. A probate attorney will help you to protect the wishes of your loved one, also. Even if you think there are little assets to worry about, it is wise to work with a probate attorney though this procedure.