Probate Administration, Guardianships and Conservatorships
Managing and distributing assets
LaPorte Law Group and its team regularly open Probate administrations for deceased persons’ estates, with or without wills, handle disputes about estates and trusts, as well as provide experienced representation obtaining guardianships and conservatorships for incapacitated, and often elderly persons, where necessary, as well as assisting with the filing of annually required Guardians’ reports and/or Conservators’ accountings with the Probate Courts.
Navigating the Probate Process
1
Appoint executor
If no executor is designated, the court will determine who will be the personal representative or executor of the estate.
2
Notification
Identify and notify heirs, beneficiaries, creditors and the public about the deceased individual and the creation of the probate estate.
3
Appraise property
Property is inventoried to determine the value of the estate.
4
Distribute Assets
Creditors, including the IRS, receive payment according to a priority order and any leftover funds are distributed amongst the heirs according to the will or the requirements of the law.