Let Cross Law APC Help in the Probate Process
The main objective of your estate plan should be to preserve your estate so your loved ones are protected. Our lawyers can help you reach this objective through estate and probate planning. There are many steps when planning your estate and going through the probate process that Cross Law APC can support your loved ones with.
Once the petition to initiate the probate process is filed, a notice of the scheduled hearing must be published at least three times in a local media outlet. Everyone named in the will must also be notified of the petition and hearing. Once the petition is in place, the executor must take possession of the assets of the probate estate and inventory all of the contents.
The publication of the notice of death allows any creditors with debts to submit a claim with the probate court. Once proven valid, the claims must be paid from the estate before assets can be distribute amongst family members. The executor must also pay all estate taxes from the estate before the distribution of assets.
Finally, to end the probate process, the executor must close the estate which requires an accounting to be submitted to the court of all transactions made regarding the estate. While the probate process may take some time to complete, it can usually be completed within six months to a year.