When a person dies, their estate needs to pass through the probate process. This is a legal procedure that ensures that debts are paid and taxes are paid using funds from the estate. A probate attorney can help a person navigate the process and get it done correctly.
Chicago Probate lawyers are attorneys who assist executors and administrators of an estate through the probate process. Their duties vary based on what they need to do, whether the deceased had a will, the complexity of the estate, and other circumstances. They can also help resolve any disputes that arise throughout the process. This includes assisting with estate debts and distributing the estate assets to beneficiaries according to the terms of the will or trust.
Disputes can be triggered in many ways, such as by claims of financial abuse or undue influence of the decedent before they died, or by mistakes or errors made by the estate planning attorney. Moreover, a probate lawyer may be needed to defend the estate executor in court if he or she is accused of breaching fiduciary duty or of failing to follow a will or trust.
A probate attorney can also assist with dividing up the estate property. This can be a very stressful and emotional process. If there are a lot of heirs, the dispute can lead to many arguments and bad feelings. The best probate attorney will be knowledgeable of state laws and how the local courts handle cases involving the distribution of assets.
He or she will be able to help you get through the entire process quickly and effectively, making sure that your wishes are respected and that your loved ones are taken care of. Hiring a probate attorney can be a very expensive decision, but it is well worth it to protect your loved ones from potentially negative consequences. They can help you avoid the stress, grief, and confusion that can occur when a loved one dies without a plan in place.
They can be hired to help with every step of the process, from preparing a will and estate inventory to paying creditors. They can also manage all of the estate’s accounts and collect money from life insurance policies and other sources. An experienced probate attorney can also be useful in cases where an inheritance dispute is brewing. They can help resolve the differences between family members, and they can be a liaison between family members to keep the lines of communication open.
There are many different types of probate attorneys, so it is important to find the right one for you. Some will take over the entire probate process, while others will make themselves available to answer questions while you handle the paperwork and distribute the assets. If you need a probate attorney in Chicago, the law firm of Davis & Associates is an excellent choice. They offer on-time and affordable estate planning services to clients across the city.