Planning for an inheritance for your loved ones may not be challenging, but it does require some forethought in order to take the estate planning steps necessary to avoid probate. If you’re looking for ways to avoid the probate process or you are the representative of an estate that is headed for probate, a Houston probate lawyer can provide information and assistance.
Probate is the process by which a deceased person’s will is authenticated and administered, subjecting it to the taxes and debts the deceased owed at the time of death and ensuring that the remaining assets are distributed to beneficiaries according to the terms of the document. If an individual died without a will, probate can also involve determining who are the lawful heirs of the deceased according to the laws of intestate succession.
The process of probate includes the following steps:
Yes, a Houston probate lawyer will be familiar with the legal options that can serve as an alternative to probate and help the loved ones and friends of the deceased to fairly distribute the assets without subjecting these assets to a long and exhaustive probate process. In order to do saw, your lawyer will need to know more information about the assets you have, as well as your long-term goals for these assets. If you are a personal representative of the estate of an individual who left a last will and testament, a probate lawyer can also help you navigate the process and provide services that include:
The following documents can help you avoid probate:
There are other documents that can also help you or your loved ones to avoid the time-consuming and expensive probate process. A qualified financial planner or a probate lawyer can help you explore your options.
A full-service probate firm can provide you with the assistance you need to set up your estate in a way that provides ease to your loved ones in distributing your assets after you die. Or a probate lawyer can help ensure that you have the tools necessary to adequately represent the estate of a loved one.
Whenever you find yourself needing to reach out to our office, you can be sure you won’t need to wait for hours or days in order to get a response. Here at Stafford Law Firm, we pride ourselves on being easily accessible and on responding to all client inquiries as soon as possible. The fact of the matter is, one day you will need to fall back on your estate plan. Whether it will simply be to pass on your family’s wealth after you pass, or something even more heartbreaking like needing a new guardian appointment for your children, having a thorough and customized plan in place will help make sure your family and your future are well taken care of. This plan will often need to include one or several different kinds of trusts, and you can rest easy knowing that an experienced Houston probate lawyer has your best interests at heart.
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If you are worried that your loved ones may have to face probate after you pass away, or if you are working on the affairs of someone who has recently passed, a probate lawyer can be of great assistance. The probate process can be long, heartbreaking, and riddled with legal formalities. An experienced attorney will be able to help you either prevent this process for those you are leaving behind, or help navigate the process after losing a loved one.
Probate is a complicated process, but there are some assets that are generally not subject to it. Some of those assets include:
There are many situations where probate is truly unavoidable, but this is not always the case. With careful planning and the assistance of an experienced estate planning attorney, you may be able to completely protect your loved ones from having to deal with probate after you pass away. The utilization of trusts, gifts, and joint ownership of property are some common tools.