When a Loved One Passes Away, Turn to Someone You Can Trust
If your family has experienced the loss of a family member, our law firm can assist you with the legal process that occurs when a loved one passes away. If your loved one has a will, the family will go thought a process called probate. If you loved one had a trust, the family will go through a process called trust administration.
For more information see Probate Tools.
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Anyone who has had a close friend for relative pass away has probably heard of probate, the process by which the estate of the deceased in inventoried and distributed according to the state laws. While often maligned as a headache, in reality probate offers a solid legal framework with advantages for those who have properly prepared prior to death and who have retained the skilled legal counsel of an attorney.
Court oversight at every step, complete control of creditor claims, and the provision of a legal forum for complaints are important features of probate that are often overlooked. At its heart, probate is a process, and like any process, if one steps back, takes an overview of the procedures involved, breaks the whole into manageable parts, and works with qualified legal assistance, the end can usually be reach quickly, efficiently and economically.
Checklist of Things You Need to do When a Loved One Dies Having a Will
Trust Administration, on the other hand, is the process people often find themselves in unexpectedly after the death of a spouse of parent who created the trust prior to passing on. It comes during a very emotional time, and often brings with it difficult and complex financial and family issues. The task of reviewing the trust and finding and valuing the assets of a recently deceased family member can be daunting, as can be that complexities of estate tax law. What is important to remember for anyone administering a trust is that there is a definite process to follow, and resources to assist you as you assume this new role.
Checklist of Things You Need to do When a Loved One Passes Away with a Trust
After finding a firm emotional foundation, it is time to address the task of administering the trust set up by the deceased.
We at the Stockton Law Office strongly believe that a wisely drafted, carefully executed estate plan is the critical component of a family's wealth management. Our firm's guiding principle in this area is to provide families with quality estate planning services tailored to each client's specific needs and goals. We offer free, no obligation consultations for any family who has experienced the loss of a loved one.
Call 913-884-3672 or contact us online to schedule a free initial consultation with our experienced lawyer.
