Tasks involved in probate administration

When a person passes away, it can take several months, even several years to administer the person’s estate. Depending on the complexity of the estate, the number of beneficiaries and the types of assets involved, the amount of work to conduct probate administration could be considerable.

For some estates with few assets, it may be possible for an executor to handle probate administration duties on their own. But in larger estates where complicated issues may be in play, it is highly advisable to seek the assistance of an experienced probate lawyer.

With a probate lawyer handling much of the duties, heirs can concentrate on recovering emotionally from the loss of a loved one, and rest easy knowing that decisions will be based on the wishes put forth in a will, trust or another legal document.

A probate administrator will take several steps in the probate process:

  • Identify, collect and manage all elements of the estate, including real estate, valuables, life insurance policies, bank accounts and other assets.
  • Continue to manage the affairs of the estate, such as paying bills, working with the courts to validate a will, and identifying which beneficiaries will receive which assets when they are disbursed.
  • Once all debts have been identified, the administrator will pay off all those debts and make sure all creditor’s claims have been satisfied. This may include funeral expenses, attorney’s fees, accountants’ and appraisers’ fees, tax debts, and other related expenses.
  • After all debts have been satisfied, the administrator can distribute assets. In many instances, this may be done concurrently on a partial basis while debts are being paid so that beneficiaries can see some of the financial benefits associated with their inheritance sooner rather than later.

RMO LLP provides personal and efficient inheritance dispute services to individual and institutional clients. The firm’s attorneys focus on probate litigation involving contested trust, estate, probate, and conservatorship matters. Serving California and Texas, with offices in Los Angeles, Pasadena, Orange County, San Diego, Fresno, the Bay Area, Dallas, and Houston. For more information, please visit https://rmolawyers.com/.

Share on:

Most Popular

Search Topics

Read More

About the Author

Scott Rahn, Founding Partner

Scott Rahn resolves contests, disputes and litigation related to trusts, estates and conservatorships, creating a welcome peace of mind for clients. He represents heirs, beneficiaries, trustees and executors. He utilizes his experience to develop and implement strategies that swiftly and efficiently address the financial issues, fiduciary duties and emotional complexities underlying trust contests, estates conflicts and probate litigation.

Related Articles