Probate lawyers, just like any other type of lawyers, study the law to help people who need legal advice and representation. What differentiates probate lawyers from other types of lawyers is that they are a section of lawyers whose main job is to advise the beneficiaries of an estate on how to go about settling the final affairs of their deceased loved one. When a death occurs, the will and testament of the deceased are read in the next few days. A probate Lawyer then assists the beneficiaries to understand the process and to make sure that everything goes as to the wishes of their deceased, learn more info here.
Some of the benefits of having a probate lawyer during this process are that they will help in distributing the assets to the beneficiaries. Whether their loved one died estate meaning with a valid will and testament or intestate meaning without a valid will and testament, the lawyer will help the beneficiaries to acquire even parts of the estate for the intestate and the legal written parts of the estate for the testate. The probate lawyer will also responsible for assisting in the sale of the property if the beneficiaries so desire. The lawyer should determine the accurate value of the property and release its ownership rights to a willing buyer through the consent of the beneficiary.
Depending on whether the deceased had a life insurance policy, it is the responsibility of the lawyer to check with the insurance firm and file a claim so as to also include the proceeds to the will and testament during the reading of the will to the beneficiaries. The probate lawyer should be able to file all the necessary documents concerning the deceased estates including paying owed taxes in a timely manner so as to ensure smooth handing over from the deceased owner to the beneficiaries ownership. The probate lawyer will also be responsible for keeping track of the deceased estates and accounts to make sure everything is accounted for.
Having a probate lawyer also ensure that the beneficiaries have been updated on any pending payments or debts that the deceased may have had. The lawyer will also advise them on a suitable payment plan that will work for them. In the case of where the deceased was the head of a company, state or country it is the duty of the probate lawyer to make sure that the rolling over to the next head of the company is done with regard to the deceased retirement plan as well as through proper elections and in conjunction with the law. Visit this website for further details: http://probatecollincounty.com/
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