Probate & Trust Administration
The loss of a loved one is a challenging and difficult time. While dealing with the emotions of that loss, you may be required to administer your loved one's estate, pay final bills, and distribute property to heirs or beneficiaries. Those can be difficult tasks, especially while grieving. Fortunately, our attorneys and paralegals have decades of experience in probate matters and the administration of trusts and estates of all sizes.
Probate is the administration of the decedent’s estate, and it involves the appointment of an executor or administration, the collection and proper management of the decedent’s real and personal property, payment of the decedent’s debts including taxes, and eventual distribution of the remaining assets to the heirs and others entitled to those assets. This entire process is monitored by the local probate court to varying degrees depending upon the authority granted to the executor. The proper administration of the decedent’s estate can be involved, time-consuming, and necessitate a multitude of court filings. The administration process is mostly governed by state laws and the decedent’s valid last will and testament if there is one. We help our clients through the entire probate process to reduce the stress and burden that comes with serving as executor of an estate.
A trust administration is similar in many respects to a probate, except that the probate court generally has much less, if any, involvement in the administration of trusts, the person responsible for the administration of the trust is called a “trustee” instead of an executor or administrator, the trustee has more control over the administration of a trust, and probate fees which can be expensive are avoided. However, for many people who have never served as a trustee, and even for those who have served, being a trustee can be a daunting task. Accordingly, trust administration should only be performed with the help of an experienced attorney to guide and assist the trustee through the process.
Sehr Law Firm recognizes that probate and trust administration often involves real property interests, businesses interests, and tax considerations. To best serve our clients, we have put together a team with extensive legal experience in real property transactions and management, business planning and operations, and tax advisory. From this perspective, we offer expertise in all elements of a probate or a trust administration. In fact, many of our clients nominate Bob Sehr to be their trustee when they are not able to serve in that capacity, which reflects the confidence we have earned for them to place that level of faith in us. It also gives us unique insight into the challenges and demands placed on trustees in the administration of the trust estate.
Our in-depth knowledge of probate and trust administration allows us to help you with such matters as:
- All aspects of probate and trust administration
- Probate court filings, approvals, and appearances
- Identifying and marshalling assets
- Asset inventories and appraisals
- Identifying and approving or disapproving debts
- Creditor and other conflict negotiations
- Management of real property
- Sale of assets
- Distribution of assets
- Powers of attorney
- Advanced health care directives
- Preparation of gift and estate tax returns
- Trust and probate accounting
- Professional trustee and administrator services
- Conservatorship proceedings and special needs trusts
At Sehr Law Firm, you can be assured of compassionate, responsive, and experienced legal counsel dedicated to helping you through the probate and trust administration process. We look forward to working with you no matter where you are in that process. Please contact us