When a family member passes away, it might be your responsibility to distribute their assets. If they did not leave behind a comprehensive will or trust, you need a reliable probate lawyer by your side to help you make difficult decisions.
We’ll make sure your family member’s debts are paid and help you navigate how to allocate:
Sometimes, when our loved ones pass away, they leave behind assets that can be difficult to distribute. We’ll ensure that your family member’s debts are paid before distributing financial assets. Talk to an experienced probate lawyer in Battle Creek, Lansing, and Grand Rapids, MI today. Call Wood & Associates now to make an appointment.
I can't say enough about how above and beyond Brigette Booser went for our family when we were in need of her legal counsel. She was very professional, compassionate, attentive, and incredibly intelligent."
No, not all estates have to go through probate. If you have a Trust set up you do not have to go through probate. If you are able to distribute assets through other means – for example naming someone the beneficiary of your 401K, then you do not have to go through probate. If the total value of your estate is below roughly $25,000.00, then you can use the small estate probate process.
The personal representative is the person appointed to make sure the probate process goes smoothly and fairly. They have a special duty, called a fiduciary duty, to take steps and actions that are in the best interests of all beneficiaries of a will or probate. They are required to prepare an inventory and accounting as to their actions on at least an annual basis. You can object and challenge any of the filed accountings.
Usually the cost of administration of probate (the steps needed to gather all the assets and distribute them) is the responsibility of the estate itself. Often a person will hire an attorney to help with probate and then be reimbursed for the costs.