Probate Lawyer New Orleans, LA
Are you looking for legal assistance from a New Orleans, LA probate lawyer to represent your case? A lawyer can help you navigate the complex process of settling an estate, including the distribution of assets and payment of debts. With so much at stake, it is important to find a qualified attorney with experience handling estate matters in the New Orleans area. Learn more about how a lawyer can help, and then contact one at Theus Law Offices for help.
Probate
Probate is the process of validating a person’s will after they have passed away. During this process, a court oversees the administration of a deceased person’s estate. This includes verifying the validity of the will, determining which debts must be paid from the estate, and distributing any remaining assets to the rightful beneficiaries. Probate can be an arduous and time-consuming process, and it is best left to experienced professionals.
Probate attorneys are tasked with helping their clients navigate the probate process and ensure that their assets are distributed properly. This includes filing the necessary paperwork, dealing with creditors, and representing their client in court, if necessary. The goal of a New Orleans probate lawyer is to ensure that all legal requirements are met, that the deceased’s wishes are respected, and that all disputes are resolved as quickly as possible.
Types of Probate
Depending on the circumstances of the estate, there are different types of probate that may be required.
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Small Estate Affidavit
This type of probate is used when an individual passes away with a small estate. Generally speaking, a small estate is one where there are no real property assets and the total value of all assets is less than $150,000. In this type of probate, a court appointed representative will file an affidavit which will allow them to collect the assets and distribute them to the beneficiaries without the need for a full probate process.
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Summary Administration
Summary administration is a streamlined version of regular probate. It requires fewer steps and typically takes less time. Summary administration is usually used when the total value of all assets in the estate is under $75,000 and all heirs agree on how the assets should be distributed.
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Regular Probate
Regular probate is required when a decedent leaves behind substantial assets or when there is disagreement amongst heirs regarding how the assets should be distributed. In regular probate, the court appoints a representative who will manage the estate. The representative will identify and value the assets of the estate, pay any taxes and debts, and then distribute the remaining assets to the beneficiaries according to the terms of the will or state law. Regular probate can take several months or even years depending on the complexity of the estate.
No matter what type of probate is necessary, it is important to have a knowledgeable and experienced attorney to guide you through the process. At our firm, we understand the complexities of probate law and can provide assistance in understanding each type of probate and managing your case from start to finish. Contact a New Orleans probate lawyer at Theus Law Offices for help.