The process of probate can be intimidating, especially if you are unfamiliar with the process. The first step is to file a petition with the probate court in the county where the deceased lived at the time of their death. This petition should include the will and death certificate. The court will then appoint an administrator or executor to oversee the estate.
This person is responsible for receiving all legal claims against the inheritance, paying outstanding debts, and distributing assets to those who are legally entitled to them. In most cases, the executor named in the deceased person's will assumes this role. The probate court will assess what assets should be distributed among legal heirs and how to distribute them. Most simple probate cases can be resolved within about nine months after the appointment of the executor or administrator.
Having an easily verifiable will is one of the most effective ways to expedite a probate process and ensure that assets are distributed properly and efficiently. Certain assets such as pension plans, life insurance revenues, 401k plans, medical savings accounts, and individual retirement accounts (IRAs) that have designated beneficiaries will not need to be legalized. If any issues arise during the process, or if you want expert legal guidance to ensure that everything goes smoothly, contact a probate law firm for assistance. If you are starting formal probate proceedings or have questions about Ohio probate laws, contact an Ohio probate attorney for additional guidance.
The testator, that is, the person who drafts the will, names an executor in the will whose function is to make sure that the will goes through the probate process. Navigating through a probate process can be overwhelming and time-consuming. To make it easier, it is important to understand all of your options and seek professional help when needed. Having an easily verifiable will is essential for a smooth and efficient probate process.
Additionally, certain assets such as pension plans, life insurance revenues, 401k plans, medical savings accounts, and individual retirement accounts (IRAs) that have designated beneficiaries do not need to be legalized. If any issues arise during the process or if you need expert legal guidance, contact a probate law firm for assistance.