Probate
As the old saying goes… “You can’t take it with you.” And this is why many people leave a last will and testament, so their assets and belongings can be granted to all loved ones and organizations they so designate following his or her death.
Their passing begins the probate process, which generally refers to the administration of an individual’s estate.
But, what if you’re on the receiving end of a family member’s assets after they pass on? What if you’re the executor? What’s next?
Is it necessary to have an attorney… or can you go through this yourself?
Estate planning attorney Andy Lyons of the Lyons Law Group weighs in.
“When someone dies with a will, the estate must go through a process called probate. It involves establishing the validity of the will, paying applicable taxes and executing a person’s instructions.”
Lyons continues to say that some of your duties will include executing intricate will provisions, creating complex court-required documents, obtaining a federal tax I.D., securing a probate bond and managing funds. Even minor estate matters can present added burdens if you’re not prepared to handle them.
Then the entire probate process may seem like an endless stream of details, documents, and court requirements.
Even with your best effort, you can realize this will be a long, drawn-out and frustrating process.
“Sometimes your estate can qualify for a simplified process called a summary administration. It’s an inexpensive and quick way to handle the probate. We’d be happy to sit with you and discuss all your legal options.”
At The Lyons Law Group, P.A., they understand what you’re going through. Not only are you grieving the loss of your loved one, but also dealing with complicated estate administration. They aim to do whatever they can to help make this time easier for you, while protecting your interests and ensuring that your loved one’s wishes are fulfilled.
Contact the Lyons Law Group today to arrange a consultation with one of their knowledgeable probate attorneys. With offices in New Port Richey and Spring Hill, they are happy to meet at whichever location is most convenient for you.
