Providing The Right Answers For Succession And Probate FAQ
After someone dies, people often shudder at the thought of having to go through the court probate process. Without a trust, a court probate process is required after your death. Walker Law Group, L.L.C., in Alexandria, Louisiana, is a skilled estate planning and administration law firm prepared to answer your questions about the probate process.
Founding attorney H. Gregory Walker Jr. has practiced law since 1976. He is a lifelong resident of Central Louisiana who cares about his clients and wants to make sure that the court probate process is handled for you and your loved ones professionally, as quickly as possible, and for a reasonable and fixed, not hourly, legal fee. Here is a list of some FAQ about probate.
Q: Are succession and probate different?
A: No. They refer to the same court process. With or without a will, Louisiana law dictates that a decedent’s estate must go through the court probate process in order to transfer ownership of the decedent’s estate to his or her heirs. The term “succession” is typically used in the state of Louisiana. Most other states refer to the court administered settlement of a decedent’s estate as the probate process. Remember, through the use of a living trust you can avoid the court administered probate process to settle your estate.
Q: When is probate required?
A: Unless you have the decedent has a probate avoidance trust, the court probate process must take place when you die. The court probate process may take as long as a year or even longer to conclude. With the creation of a living trust, the court probate process can be avoided.
Q: What is involved in the court probate process?
A: Many steps exist in the court probate process overseen by a judge. If the decedent – the person who died – has a will, it must be validated by the judge. Any objections to its validity will be decided by a trial. All of the property of the decedent must be inventoried and its value determined. The inventory, valuations and last will and testament are usually filed in the court records for public view. An executor is appointed by the court. All outstanding bills and taxes owed by the decedent are paid, and disputes among beneficiaries are settled. Once all of that is finished, and the legal fees, court costs and other fees are paid, the decedent’s remaining property gets distributed to the heirs.
An attentive and experienced attorney, Mr. Walker seeks to empower his clients through every step of the estate planning and administration process.
Set Up A Meeting With Us Now
When you have estate planning questions related to the court probate process, Walker Law Group, L.L.C., in Alexandria, Louisiana, has the skills and knowledge to help. Mr. Walker helps clients in many ways, including through his regular estate planning seminars. Contact us online or call 318-445-4516.