Our readers who are familiar with probate and estate administration know that this is the area of law which deals with what happens to the assets of individuals who pass away and who have wills or trusts that direct who receives these assets and who is in charge of handling the decedents' affairs.
Wills and trusts are part of a comprehensive estate plan and can name executors to handle an estate or a trustee to act for a trust. Individuals can designate a reliable friend or family member or even a corporate fiduciary to serve as executor of the estate, who handles all the details after the Testator's death, or to serve as trustee of a trust to carry out its terms, whether that is taking care of the Settlor's spouse, children or others. These individuals may encounter a number of legal issues as they carry out their important roles in the probate and estate administration process.
At our law firm, we know that Pennsylvania residents are likely to have quite a few questions about probate and estate administration. There is a wide range of tasks, including collecting the Testator's assets, paying bills and taxes, including inheritance taxes, and making eventual distribution to the heirs named in the Will or the Trust.
Dealing with a loved one's passing away may seem complex but making sure that all of the legal processes are properly navigated is something in which an attorney experienced in probate and estate administration can help. For more information about how our law firm might be able to help with your probate and estate administration needs, please visit our website.