When a loved one passes away without a trust, a probate is needed to administer the estate. Probate administration involves carrying out the deceased’s wishes set out in a will, or if there is no will, administering the estate responsibly.
Administering the estate involves notifying interested parties, collecting, transferring, selling and distributing assets, and paying debts. In a probate, an administrator must be appointed by the court to carry out the administration of the estate. The responsibilities of the administrator of an estate include:
- Filing a petition for probate
- Publishing notice of petition for probate
- Mailing notices of petition for probate
- Filing a bond for the protection of estate assets
- Compiling an inventory with appraisals of estate assets
- Addressing and paying estate debts
- Appearing at court hearings and ensuring the implementation of court decisions
- Transferring, selling and distributing estate assets
The responsibility of administering an estate can be overwhelming, and the obligations to the estate, its beneficiaries, and the court can be complicated. The complex situation can be made worse by many factors, and any mistakes can lead to a prolonged or even contested administration.
Enlisting legal representation to assist in a probate administration is highly recommended. At The Boutique Law Group, we are passionate about streamlining the probate process for all of our clients, and making this difficult transition as simple as possible.
To start a conversation with us about your legal needs, contact our office at your next convenience.