The attorneys at Ikard Law PC analyze a myriad of different options to design the best way to efficiently transfer estate assets to the beneficiaries.
Probating the Will
To probate a will, you must file an application in court. Probating a will commonly involves appointing an executor or administrator. In other instances, a will may be probated as a “muniment of title,” which means the will serves as proof of who owns the decedent’s property.
When someone dies without a will, you can file an application asking the court to determine that person’s heirs. But every situation is unique, and the attorneys at Ikard Law PC will help you determine your best course of action.
Executor or Administrator
Beneficiaries often have preferences as to who will serve as executor (named in the will) or administrator (chosen by the court). At Ikard Law PC, we advise and represent beneficiaries who propose or contest the appointment of a given executor or administrator. We also represent beneficiaries who simply want to have their own counsel during an estate’s administration.
Generally, an independent administration is the most efficient way of handling an estate. But that is not always the case. We can help you analyze the pros and cons of an independent administration.
Whether the administration is independent or dependent, we at Ikard Law PC will advise you on common and unique issues in estate administration. The primary issues tend to involve:
- Identifying and securing the decedent’s assets;
- Resolving the decedent’s debts and outstanding obligations;
- Dealing with tax issues; and
- Transferring assets to the beneficiaries.