Probate Law Firm Near Me
Posted on Sat Feb 20, 2021, on Probate and Estate Administration
From Our “Ask a Question,” Mailbag: “My mother recently died, and I need some help with her estate. Are you a Probate Law Firm Near Me?”
How to Pick a Probate Law Firm Near Me?
Probate is the process that oversees the division of a deceased person’s assets. Though you can manage this process yourself, it can be confusing and time-consuming. Further, should you make an error, you could be personally liable for damages. And, let’s face it, sometimes it helps to have someone else reaching out to the family. You want to end your job as executor still on speaking terms with the heirs. A good Probate Attorney can help.
Because you are already distracted by your loved one’s death and do have other things to do, and the cost is deductible against Inheritance Taxes, you should consider hiring a Probate Law Firm Near Me.
Executor’s Responsibility.
As Executor, your job is to assemble the estate, pay the bills, then distribute the remaining assets. You are not expected to know how to do all these things. You are only expected to get them done. Therefore, the law recognizes you will likely hire professionals to assist you. Typically this includes a realtor, an accountant, and a probate attorney. Each has a skill set to help you bring the estate to a conclusion.
Because you are expected to hire these professionals, the IRA and State Department of Revenue recognize the costs as deductible. These are normal estate expenses.
Does the Law Firm Focus on Probate?
Probate is a broad subject area. The attorney should be familiar with the county’s procedures, the applicable death taxes, and negotiating a settlement with the heirs. These skills are not learned overnight. It takes years of experience to assess what steps are needed to bring an estate to a close. Overlooking anything can cause conflict with the heirs and potential liability for the executor.
For these reasons, it is best to retain an experienced Probate Attorney. The attorney should focus on this area of the law, not dabble.
How Does the Firm Bill?
When hiring a Probate Law Firm Near Me, you will have to pay for their services. Many firms bill a percentage of the estate. Others, such as ours, bill an hourly rate. This makes sense as many executors wish to take on some of the work themselves. When hiring an attorney by the hour, you only pay for the work needed.
Would you like more detail? Follow this link to my article about The Probate Process.
In Conclusion: How Do You Find a Probate Law Firm Near Me?
I hope you found helpful this short article responding to your question about finding Probate Law Firm Near Me. I have also included some links for more detailed information. If you would like to know more, or have an estate that needs our help, contact us. Let our Probate and Estate Planning lawyers help walk you through what can be a confusing process. In fact, feel free to contact our office for a free consultation.
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Probate, Probate Attorney, Probate Lawyer