The death of a loved one is distressing enough without the burden of executing their estate plan or Will. While some people’s final wishes are easy to execute, others might require the expertise of a probate attorney Miami. Here are four times when you should hire a lawyer to take over or assist in the process.
You Want To Prevent Discord In The Family
A death in the family is an emotional landmine. It’s not unheard of for families to be torn apart over estate issues. Perhaps the deceased was married several times and had children from each marriage. Siblings could also fight over a particular property. A probate lawyer can help preserve harmony and ensure the final wishes of the deceased are carried out without getting the courts involved
There Are Issues To Clarify
Some Last Will and Testaments might be worded vaguely or raises questions on how it should be administered. The family left behind will need a professional to present the Will and interpret the documents. Having a lawyer present can make the process go more smoothly and prevent someone challenging the Will due to a misinterpretation.
There’s a Business Involved
Estates that contain common assets (real estate, bank accounts, jewelry) are easy to execute. It can even be done by an unbiased family member or friend. It becomes complicated and more challenging if there’s a business involved. You’ll need an expert who can assess the company before either transferring or selling it and manage all the paperwork that comes with it.
The Estate Has Outstanding Debts
There are instances when the deceased have outstanding debts. These debts can easily be managed or satisfied by an administrator If the estate has enough money. But if the estate doesn’t have enough funds or assets to cover them, you’ll need the expertise that a probate attorney brings. They can advise you on which debts should be paid first, as some creditors are prioritized by law. The lawyer can also provide you with options on how to handle the debt and the remaining estate.
Probate can be time-consuming and emotionally draining. A reliable probate attorney Miami can assist you and make this sad transition go faster.…