People who have a last will drawn up to direct the transfer of their financial resources after they pass away are going to have to select an executor. You must understand the fact that this is not a ceremonial or honorary position; the executor will have some serious business matters to attend to and it takes specific acumen to be able to handle all of the tasks involved.
Even when the individual that you select is business savvy the executor is going to need legal guidance to assist with the probate process. You may not be aware of the fact that your estate must pass through probate before your heirs receive their inheritances.
The probate court supervises the administration of the estate. We have all heard of will challenges, and if someone did want to contest your wishes they could present arguments before this court. Obviously a probate lawyer would be necessary to act on behalf of the estate if a challenge is presented.
If anyone had any claims against the estate they would seek redress during probate, and this could be a legal matter that required legal counsel as well.
Short of these types of things the probate attorney will be available to assist the executor in any way that is necessary with regard to legal specifics.
Should you be interested in gaining a more comprehensive understanding of probate as you make plans for the future don’t hesitate to pick up the phone to arrange for an informative consultation with an experienced, savvy Oklahoma City probate lawyer.
Author, President and Founding Attorney
Parman & Easterday
- Own Property Out of State? You Need a Living Trust - October 21, 2021
- Three Misconceptions That Lead to Estate Plan Mistakes - October 19, 2021
- Your Original Estate Plan May Not Be the Final Version - October 14, 2021