Explaining Probate – Executors and The Will
The Probate process can be very intimidating for anyone without legal training, especially in the time immediately following the passing of a loved one. When a deceased person dies testate, meaning that they died with a valid will, the will normally names an Executor who will be responsible for the undertaking the probate process. At the Kushner Law Group we readily assist many executors with probate process by preparing and filing documents on their behalf, corresponding with financial institutions and beneficiaries and ensuring that all required legal procedures are followed to ensure that the executor faces no potential liability.
Here are some helpful tips for anyone who is named as Executor in a will:
1) Consider Before You Act: Although most executors are notified by testators that they are going to be named, it can sometimes be a surprise that comes following the passing of a close friend or loved one. Taking on the role of executor can be a large undertaking and it is important to ensure that you have the time, energy and capacity to act.
2) Get Organized: The financial affairs of a deceased person may not always be in the most organized state. A good executor will immediately begin the process of locating and notifying relevant financial institutions to ensure that all assets are accounted for.
3) Stay in Touch: The probate process can be slow and there are often hiccups that can delay the dispersal of funds. Beneficiaries are often anxious as to when they will receive their funds. It is important that the Executor stay in touch with the beneficiaries to keep them apprised of all the steps along the way.
If you are named as Executor to an Estate and need legal advice or assistance with the Probate process, contact the Kushner Law Group today to schedule a consultation.