Probate attorneys specialize in creating estate plans and managing probate estates. Probate is mandated unless decedents establish trusts. The process is necessary to validate decedents' last will, settle the estate, and distribute assets to named beneficiaries.
The best estate planning attorney is used to handle estate administration duties. Transactional lawyers open the probate case and present Wills to the probate court. They provide assistance to the appointed probate personal representative and file legal documents according to protocol.
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Probate Litigators are lawyers that specialize in managing estates enveloped in family discord. This type of attorney is required when heirs contest the last will or are fighting over the distribution of inheritance assets.
Probate Litigators can mediate and negotiate on behalf of the estate administrator or can be appointed to manage the estate.
It is imperative to understand legal fees prior to signing a contract. Oftentimes, the majority of the work can be performed by the estate administrator. Executors are compensated for their time and must keep a record of time spent working on estate-related matters.
Administering an estate can be time-consuming and emotionally draining. When designating an estate administrator it is important to choose someone who is good with finances, well organized, and able to work under pressure.
Probate attorneys can help individuals establish strategies to avoid probate altogether. Options include revocable and irrevocable trusts, life insurance trusts, and various other techniques which transfer financial assets and personal property to intended beneficiaries.