The process of probate enters the picture when you are executing a last will to state your final wishes.
During this interim the probate court will examine the will to determine its validity. Interested parties could step forward during probate to challenge your will, and while the estate is being probated final debts must be paid.
Along with the above the assets that comprise the estate must be prepared for distribution to the heirs in accordance with your stated wishes. Hands-on tasks are undertaken by the executor or personal representative. In some cases this can take some considerable time and expertise.
This process does not have to be a problem. It is in place to provide protections, but you must make sure that your last will is constructed with the realities of probate in mind.
To give you a firm understanding of the probate process we have prepared an informative report. It is now available to people in the greater Indianapolis community absolutely free of charge.
You can access the report right now by clicking the link that follows. Once you reach the page simply fill in the form that you see off to the right and we will know where to send the access information:
Once you read the report you will understand why it’s important to work with a good local Indianapolis estate planning lawyer when you are drawing up your living trust or last will. Attorneys in this area are very familiar with the local probate courts, and they are well-equipped to provide you with the ideal plan as a resident of this community.
Mr. Kraft assists clients primarily in the areas of estate planning and administration, Medicaid planning, federal and state taxation, real estate and corporate law, bringing the added perspective of an accounting background to his work.