Welcome back. Our estate lawyers in Raleigh NC are here to further discuss the probate process and the steps that should take place if someone dies without a will. If you missed our previous blog be sure to check back here to learn more about the initial stages of the probate process without an estate plan.
As we mentioned previously, once the court appoints a personal representative to act on the deceased’s behalf, information needs to be gathered regarding belongings and assets, surviving family and heirs, the value of assets, legal disputes, debts or taxes owed, other expenses that need attention and more. All of these factors should be documented.
Once this has been done, the court may then focus on who should be deemed beneficiaries for the estate. They will review heirs listed and make decisions regarding surviving children, spouses, or close relatives. Distant family may only be considered as beneficiaries should there not be any surviving children, spouses, or close relatives.
The next step should be choosing what assets may be distributed and to whom. This may be determined by state laws, as all states have varying laws. In some cases, there could be assets distributed to heirs without probate, especially if there is a property owned jointly between the deceased and another party. Again, this may be determined by specific state laws.
Passing without an estate plan in place can leave your family with a lengthy process that is overwhelming and confusing. It can take time to get everything processed and settled. If you’re ready to get started creating a will, contact our law office. Our estate lawyers in Raleigh NC will work with you every step of the way to make sure you document your wishes so that they can be used upon your passing.
To learn more about the probate process in times where there is no will check back soon. Our next post will offer the final steps of this process.
Are you considering estate planning? If so, congrats. We hope this information helps you decide to start estate planning today! Remember, you're never too young to start. Call now to learn more. Also, be sure to check back soon. We will have more reasons why you should start your estate plan now, instead of later, no matter what your age is.
Estate Lawyers in Raleigh NC
As always, feel free to contact us with any questions or concerns you may have about estate planning. Also contact our estate lawyers in Raleigh NC to schedule a consultation if you have yet to start estate planning. It’s never too early to make plans for your wishes upon death. In addition, Eldreth Law Firm, PC is here to help you with all your legal matters, whether it be estate planning, trademarking, copyrighting, or other legal issues. Call now.