What is Probate Court & How Does it Work?
Miller Estate and Elder Law » Probate
by Bill Miller
1y ago
Probate court is the legal process that oversees wills, estate administration, and conservatorships. When a person passes away, before their assets can be transferred to their intended heirs, their estate may be subject to the probate process. During this process, the probate court will authenticate the decedent’s will, oversee the assessment of their assets, make sure all taxes and debts are paid, and distribute the remaining assets to their heirs, as outlined in their will. If there is no will, the court will distribute assets following that state’s intestacy laws. Probate can be a lengt ..read more
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Probate Property: Which Assets Must Go to Probate Court?
Miller Estate and Elder Law » Probate
by Bill Miller
1y ago
You’ve probably heard horror stories about the nightmare that is probate court. Undoubtedly, friends and neighbors have had to undergo the probate process…and chances are, they don’t have many good things to say about it. Let us first say, probate isn’t quite as bad as it gets made out to be (though it certainly CAN be for the ill-prepared). Probate is the legal process that authenticates your will in order to properly facilitate the allocation of your assets to your beneficiaries. Upon death, the estate administration process begins, drawing together all the necessary documentation for ..read more
Visit website
Probate Property: Which Assets Must Go to Probate Court?
Miller Estate and Elder Law » Probate
by Bill Miller
1y ago
You’ve probably heard horror stories about the nightmare that is probate court. Undoubtedly, friends and neighbors have had to undergo the probate process…and chances are, they don’t have many good things to say about it. Let us first say, probate isn’t quite as bad as it gets made out to be (though it certainly CAN be for the ill-prepared). Probate is the legal process that authenticates your will in order to properly facilitate the allocation of your assets to your beneficiaries. Upon death, the estate administration process begins, drawing together all the necessary documentation for ..read more
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The Cost of Probate Court in Alabama
Miller Estate and Elder Law » Probate
by Bill Miller
1y ago
If you are thinking about probate court, you have probably heard that should do all you can to avoid it. Proponents of this view cite compounding costs and the emotional toll that probate takes. There is genuine merit to this perspective and yet a proper evaluation means talking about the real, not imagined costs of probate. No fixed rate exists for probating an estate. Cost depends on the size and complexity of the estate, details of the will, whether or not there are any disputes to be resolved or debts to be paid, and where probate is undertaken. Probate fees can be broken down into filing ..read more
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To Probate or Not to Probate: The Pros and Cons of Probate Avoidance
Miller Estate and Elder Law » Probate
by Bill Miller
1y ago
You have probably heard that probating a will in Alabama can be a taxing and costly process. In many instances this is true but it need not always be the case. In fact, there are situations in which administering an estate through probate is the most painless of the available options—but only if you are prepared. In order to shed light on the subject and ensure your estate is optimized for the easiest possible administration, we have prepared the following breakdown detailing when (and when not) to probate. When You Might Seek to Avoid Probate Probate can get messy when your estate includes co ..read more
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To Probate or Not to Probate: The Pros and Cons of Probate Avoidance
Miller Estate and Elder Law » Probate
by Bill Miller
1y ago
You have probably heard that probating a will in Alabama can be a taxing and costly process. In many instances this is true but it need not always be the case. In fact, there are situations in which administering an estate through probate is the most painless of the available options—but only if you are prepared. In order to shed light on the subject and ensure your estate is optimized for the easiest possible administration, we have prepared the following breakdown detailing when (and when not) to probate. When You Might Seek to Avoid Probate Probate can get messy when your estate includes co ..read more
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What is Probate and Why Avoid it?
Miller Estate and Elder Law » Probate
by Bill Miller
1y ago
If there were ever a year to buckle up and learn a little bit about estate planning, this is it. After all, while 2020 is behind us and hope is on the horizon the Covid-19 pandemic has made it amply clear that the future is uncertain and preparedness is the best defense. Estate planning plays a part in this. Not only does having a plan protect your hard-earned assets from avoidable taxes, aggressive creditors, and potential reckless spending by heirs, it also ensures your loved ones are spared the cost and burden of probate court should the unthinkable happen. What Is Probate? Probate is the s ..read more
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