Why is Probate Estate Necessary?
A probate estate is necessary to protect and conserve the assets of a decedent for the heirs, creditors, and other persons interested in an estate if you die without a fully-funded living trust. The probate estate will provide for the payment of outstanding debts, the payment of taxes, and the distribution of the remaining assets to the persons entitled to receive them under the decedent's will, or by law.
What Procedures are Involved in Probating an Estate?
A probate estate is a legal proceeding provided for by Ohio law to determine the assets of a deceased person who was an Ohio resident at the time of death, the value of those assets, and the distribution of those assets to the persons entitled to them by law.
The probating of an estate requires the appointment by the Probate Court of a suitable person to supervise the administration of the estate. The person appointed is called an executor, if named in a will, or an administrator, if there is no will. The executor or administrator may be an individual, a bank, or trust company.
Probate can be time consuming. Probate comes at a time when you are most vulnerable. The "loss of control" you may feel in your life when a loved one dies can be devastating. We help ease that loss of control by guiding you every step of the way through what can be a complex legal process. With over 25 years experience, we can help simply the process and put you back in control of your life as quickly as possible.
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