Probate attorney Arcadia
Hedtke Law Offices spends a lot of time educating clients on Probate, Probate Avoidance, Estate & Probate Administration, and the Estate Planning Process. What does the word "probate" mean exactly? When someone passes away, a legal procedure known as Probate must be followed. In this process, the deceased's assets are identified, inventoried, and valued, debts and taxes are paid, and remaining assets are distributed by the terms of the will or the law. The ultimate goal is to avoid going through the probate process. Remote administration is the method used to administer a person's final will, pay creditors, and transfer assets to the decedent's named beneficiaries. When a loved one passes away without leaving a choice (referred to as "intestate"), state statutes create a preferred order for individuals who would be considered the decedent's beneficiaries. Most clients desire to avoid Probate for the reasons listed below: There is a ...