Estate Administration Lawyers
Estate Administration Lawyers
How do I settle an estate?
The passing of a loved one is never easy. Aside from the emotional loss, there are countless, time-sensitive tasks required to settle your loved one’s affairs.
How do you pay outstanding bills? What taxes need to be addressed? Do we sell the house and car? How are funeral expenses handled?
As estate administration attorneys, we work to make the estate process as clear-cut and straightforward as possible and provide you with peace of mind as you work through the process. If you are dealing with the loss of a loved one give us a call today to see how we can help you.
Probate Estates encompass the process through which an Executor or Administrator is appointed according to Pennsylvania Probate Law. If a loved one passes away with a Will in place an Executor is appointed, but if they pass away without a valid Will, an Administrator is named.
Contrary to popular belief when a person dies it is not always necessary to open a formal Estate. When a person’s assets are Non-Probate, such as joint property, or life insurance policies with a listed beneficiary, or when there are fewer than $50,000.00 in assets a loved ones affairs may be settled outside of the probate process.
A Trust can be a useful tool in asset protection if properly administered. The appointed Trustee is responsible to see the Trust assets appropriately dispersed in accordance with the Trust provisions. This can be a complicated process and requires great attention to detail and expertise.
Estate Administration FAQ
If you have a loved one who dies without a Will, any assets they have are distributed according to Pennsylvania’s Rules of Intestate Succession. If an estate needs to be opened, an Administrator(s) is appointed by the Register of Wills Office, following the State Law for the qualifications of an administrator and the order of priority for the appointment. Our attorneys are here to help sort through the confusion of this process to provide you with peace of mind.
Probate is a court process involving the appointment of an executor or administrator to oversee the disbursement of an estate by the Register of Wills Office. The administration of an estate can be a complex process with many variables depending on the size of the estate, the types of assets involved and ownership of those assets. The estate administration attorneys at Long & Long can help you in probating an estate and guide you to ensure an error-free result.
Often, individuals designated as the executor/administrator of estates are unclear about the scope of their obligations and responsibilities. Executors/administrators are responsible for collecting the assets of the estate, paying any outstanding debts out of the estate, paying Inheritance Taxes for the estate and distributing the remaining property and assets to beneficiaries or heirs. There are numerous clerical and legal duties involved in this process. Properly administering an estate is a complicated process, and executors/administrators can find peace of mind with our estate administration attorneys’ assistance.
We support your family through the difficult transition and ensure your loved one’s wishes are respected.