Probate And Estate Administration
When a person close to you dies, it is a very disturbing time for the individuals close to the person deceased
. One has to emotionally cope with the death of a loved one. But there are also other legal, practical things that need to be sorted out. It is essential to sort out their estate (your assets, including all money and personal possessions and property) affairs under the laws of Probate. The deceased may leave behind assets such as property, bank accounts, shares etc. How the assets will be distributed will be determined if there is a valid Will or not. Probate is a process by which the will of a deceased person is proved to be valid so that the estate can be transferred to the beneficiaries of the will. In short it means administration of the affairs of someone who has died.
If the deceased has a valid Will, then the assets need to be distributed according to the wishes of the deceased to his/her beneficiaries. Persons who are named as
Executor of a Will are responsible for administering the estate of the deceased according to the deceased wishes.
If the deceased died without a Will, where the deceased has not made any decision on how the estate needs to be distributed, then the rules of intestacy apply whereby the next of kin is required to administer the estate. This person is called the Administrator of the asset.
Therefore, whether there is a Will or not the Estate Administration needs to be carried out. And in this process there is a lot of paper work involved and lots of phone calling to be done. It is always advisable to seek professional help in these taxing times.
In these emotional times, we can help and take the burden off your shoulders by helping you with you with all the formalities so that the probate process becomes much smoother and quicker because of our experience.
Contact us now to
How to make a Will,
Probate a Will and Estate Administration.
by: Kalpesh Thakrar
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