If a person is chosen to serve as an estate administrator, they may wonder if they need a probate attorney’s help. When handling an estate there are over 100 steps to follow, and most of these must be done in order within a certain time. An attorney can guide the client through the process, ensuring that it is completed efficiently and correctly. Below are five compelling reasons to hire an estate planning attorney with visit us website at http://davidjfrankslaw.com/.
Lawyers Know the Process
A Wills And Trusts Lawyer in Davenport IA knows every step of the estate process, and they know how to keep cases moving forward expeditiously. An attorney can file all necessary pleadings, and they can assure that estate creditors receive notice when it is time to file a claim. Lawyers offer comprehensive help throughout the process while protecting clients from liability.
Help With Beneficiaries
Some think it is easy to deal with estate beneficiaries because they are relatives and friends, but nothing can sour a relationship faster than a fight over money or property. Beneficiaries may be dissatisfied with the inheritance or challenge the will’s validity. Such objections can make probate more complex, causing it to last for months. An attorney can negotiate with estate creditors to ensure that only legitimate debts are paid.
Taxes are complex enough on their own, and estate taxes are even more complicated. An attorney can help the estate administrator handle the deceased’s tax liabilities, which can help to prevent personal liability.
Administrator Payment and Asset Distribution
Hiring an estate-planning attorney can help an administrator secure payment for their services. After all, the process can be arduous, and one should not devote significant effort and time if they are not to be fairly compensated. An attorney can help an administrator distribute assets and collect releases. Lawyers protect clients during all phases of the process, including finalizing the estate with the court.
If one is chosen to be the administrator of a friend or family member’s estate, they should not go through the process alone. A Wills And Trusts Lawyer in Davenport IA can do most of the hard work while maintaining open communication with clients and family.