Probate
The process of connecting the legacy of the past to the promises of the future. Every voice is heard, and every wish is respected.
What is Probate?
After the passing of a loved one, the focus should be on cherishing their memory, not grappling with the complexities of estate distribution. Entrust the task of handling the remaining assets to the experts, ensuring a meticulous process that minimizes errors and brings peace of mind to all involved.
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Probate is the legal process that occurs after a person passes away to administer their estate and distribute assets to beneficiaries or heirs. Probate involves validating the deceased person's will, identifying assets and creditors, settling valid debts and taxes, and ultimately transferring property to rightful beneficiaries. The probate process aims to provide a transparent and orderly way to transfer assets and resolve disputes. Probate can be time-consuming, costly, and complex. Working with LBM ensures that your loved ones' assets are probated and will be handled promptly and efficiently.
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Probate is necessary in many different situations, such as:
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Your deceased loved one owned assets, such as: bank accounts; vehicles; and farm equipment, in their personal name.
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When your deceased loved one has a will that needs to be administered.
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When your deceased loved one did not have a will but left heirs.
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When your deceased loved one had unpaid liabilities such as car notes, mortgages, credit cards, and medical debt.
If your loved one's assets administration is similar to the above situation, you would benefit from working with our attorney.