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Probate Lawyer – Pennsylvania Probate Process and Procedures

Need assistance with probate and estate administration? Read this write-up now to understand the basics of probate and how a probate lawyer can help you create a plan that meets your needs and protects your loved onesu2019 interests. Visit https://pa4law.com/what-is-the-probate-process-in-pennsylvania/ for more.

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Probate Lawyer – Pennsylvania Probate Process and Procedures

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  1. Probate is a legal process for settling an estate. It’s crucial to understand how it works if you're the executor of a Will or if you're related to someone who has passed away without a Will. An estate planning attorney can help you understand the basics of probate and help you create a plan that takes into account your needs and those of your loved ones.

  2. The Purpose The goal of probate is to manage the assets of the deceased, collect any final debts, settle any due taxes, and then distribute the remaining property to beneficiaries or heirs according to the decedent's Will or by the laws of intestacy when there is no Will.

  3. How Long Would It Take to Complete the Probate Process? Some estates can be settled in just a few months, but if there is no Will, the estate will likely take more than a year to resolve. If you don't have any prior experience with probate, getting a lawyer to help you is essential.

  4. Steps Involved in the Probate Process ⮚ Validating the Will ⮚ Estate Administration ⮚ Final Accounting and Asset Distribution

  5. Validating the Will ✔ The executor must take the Will, a certified copy of the death certificate, and a petition for Letters Testamentary to the Register of Wills in the county where the decedent resided. ✔ The Letters Testamentary are issued if the Will is valid and a fee is paid. ✔ Letters of Administration will be issued to the administrator if there is no Will. ✔ Letters of Administration enable the administrator to gather assets and act on behalf of the estate.

  6. Estate Administration ✔ The personal representative or executor identifies, locates, and collects all of the estate's assets. ✔ Legal notice of the commencement of probate is published in at least one local newspaper and one legal reporter or general circulation newspaper. ✔ The Register of Wills must also receive a certification of these notices.

  7. ✔ Once the estate assets are inventoried, the administrator or executor pays all debts and taxes. ✔ If the personal representative needs to sell estate property, he or she must file regular status reports with the Register of Wills. ✔ If inheritance taxes are paid within three months after the death of the decedent, a discount of 5% is offered.

  8. Final Accounting and Asset Distribution ✔ A final accounting of the estate administration is presented, and any remaining assets are distributed to heirs or beneficiaries after all claims are paid. ✔ If there are any discrepancies in the accounting, a formal accounting to the court may be required. ✔ Hire a skilled probate attorney to assist you with the estate administration process and will or any legal or family issues that may arise.

  9. Need assistance with the probate process? Check https://pa4law.com/what-is-the-probate-process-in-pennsylvania/ now. Call 610-444-0933 for more.

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