To learn more about the probate process, do not hesitate to reach out to Friedman Schuman Layser to speak with one of our experienced Montgomery County, PA probate attorneys. Our legal team is here to walk you through each step of the way.
What is probate in Pennsylvania?
One of the first and most important steps of estate planning is creating a will and appointing an executor to that will. Once the individual passes away, it is up to the executor to handle all assets with care. This is where the probate process comes in. The probate process can include an assessment of the assets’ value, paying off any outstanding debts or taxes, and giving the executor of the estate plan the authority to start allocating the remaining assets within the estate to its appropriate beneficiaries. Basically, the process’ purpose is to make sure that the decedent’s last wishes are obliged by the executor.
What does the probate process look like in Pennsylvania?
The first step in the probate process involves the executor filing the deceased’s will with the Register of Wills’ office in the county where they resided. Additionally, they must provide the court with the individual’s death certificate, the probate petition, as well as any other essential corroborating documentation.
With regard to the probate petition, it states the executor’s identity, as well as a list of any heirs or beneficiaries to the estate. The listed individuals will then obtain a citation that shows where probate will occur, the rights of all parties involved, and the obligations of the executor moving forward. It is in your best interest to reach out to one of our Montgomery County, PA probate attorneys if you are an executor and would like to ensure you are prepared.
What are the responsibilities of an executor in Pennsylvania?
There are many duties that come with an appointed executor of an estate. Some of the many obligations include collecting and protecting the deceased’s assets, ensuring that all of the decedent’s debts and taxes have been paid off and the responsibility of distributing the assets within the estate to the proper beneficiaries.
After completed, the executor must supply a detailed account of these transactions to the court in order to close the estate. If you have been chosen as the executor of an estate, you should not wait to reach out to our firm for legal support. Our legal team is equipped with the knowledge and experience required to help our clients navigate through the probate process. All you have to do is give us a call today.
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Friedman Schuman Layser is an experienced and dedicated legal resource for clients throughout Pennsylvania. We proudly serve clients facing a wide range of legal matters. If you require the services of an effective attorney, please contact Friedman Schuman Layser today to schedule a consultation.