Legal Assistance With Probate in Tyler
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Probate is a legal process that occurs after a person has died. It includes filing the will, taking an inventory of real estate property, and settling debts, among other things. Whether you want to proactively plan for the future, have recently been diagnosed with a serious illness, or you simply want to make sure your family is provided for in the case of an emergency, we are here to help.
Here at Campbell Law Firm, we know just how important planning ahead is and how much peace of mind it can give to you and your family. Putting together a will and/or trust with the help of an experienced Tyler and Mineola attorney can offer you a sense of comfort, but it can also provide you with invaluable guidance.
What is Involved in the Probate Process?
Probate is a legal process that occurs after the death of a person. It involves the settling of debts and division of property through the court, among other tasks. Though this can be a confusing procedure, having reliable legal counsel by your side can ensure you understand your rights.
In short, the process consists of:
- Filing an application for probate
- Naming an executor
- Validating the will in court
- Taking and filing an inventory of personal property and/or real estate
- Appraisals of property
- Settling debts and taxes
- Issuance of Letters Testamentary or a Muniment of Title
- Distribution of property to beneficiaries
After the application is filed in Probate Court, one of the first steps to be completed is the appointment of an executor. Usually, the deceased person will have specified who they desire to be appointed as an executor in their Will, but in the event they did not or they do not have a Will, the Judge will appoint an executor and issue letters testamentary or letters of administration.
Shortly after this, the Executor or Administrator will file an inventory of the deceased's property. After this, any valid debts will be settled and the property will be given to those who are entitled to it, typically ending the process.
Which plan is right for you?
It is important to remember that every person and family will have different circumstances that affect which type of trust or will is right for you. Because you have your own individual financial situation. we will take the time to meet with you and determine what will cover your unique needs. You can count on us to thoroughly examine the information to come to a sound conclusion and provide good advice.
We are here to assist you with any of the following:
You may be overwhelmed with a number of questions and concerns. If you lost a loved one and dealing with the probate process, you can trust that we can work to make sure everything goes smoothly. We have more than 30 years of experience under our belt and can use this knowledge and training to your advantage. If you would like to come into our office in order to meet with our experienced attorney, you will quickly see that we are extremely friendly and professional and we care about your case.