Guiding You In The Succession And Probate Process
A succession, commonly referred to as probate, is the court process of transferring your assets to others after your death. Did you know that this court process could allow the public to find out what assets you owned at death, how much you are worth at death and who inherits your assets? This is what happens if you use the estate plan the state of Louisiana has in place for you which is the probate process.
Also, Louisiana law provides that if you do not have a will or a trust, you have no say in who controls your assets during the government’s probate process and who inherits them. Instead, a judge will follow Louisiana’s rules in making those decisions for you. A will allows you to say who’s in control of your assets during the court probate process and who inherits those assets. A skilled estate planning attorney can guide you through the probate as well as estate administration process. H. Gregory Walker Jr. at Walker Law Group, L.L.C., in Alexandria, Louisiana, has more than 40 years of experience guiding clients through the probate process.
What Happens During Probate?
There are many steps involved in the government’s probate process. Here are the key components of the court probate process:
- Name an executor to handle your estate during the probate process.
- Make a complete list and determine the value of your assets.
- Pay all outstanding bills, fees, costs and expenses as well as any taxes related to your estate.
- Settle any disputes between beneficiaries.
- Distribute the remaining assets to heirs after payment of debts, fees, expenses and costs.
- Close the probate legal proceedings.
In handling the court process of settling your estate, attorney H. Gregory Walker Jr. will strive to turn this complicated process into one that you can understand with the least cost and delay.
Schedule An Appointment Now
Established in 1976, Walker Law Group, L.L.C., in Alexandria, Louisiana, can help you with the succession or probate process. Estate planning and administration is our only area of legal practice, and we are ready to guide you through the process. Dedicated to our clients, our skilled and experienced founding attorney, Mr. Walker, continues to educate them through the regular estate planning seminars he conducts. Contact us online or by calling 318-445-4516.