Going through the probate process after the death of a loved one can be a traumatic experience considering all the paperwork and the complicated legalities involved. A Probate Lawyer in Beaver Dam, WI can play a critical role at this difficult time. Probate is a legal process where the deceased debts are settled and properties are transferred to the beneficiaries mentioned in the will. This is done under court supervision and according to the provisions of the deceased last will or according to the governing laws in the absence of a will.
A probate attorney will go through the assets and liabilities of the deceased and prepare and publish the necessary notices such as the Notice of creditors and send a Notice of Administration to all interested parties. Once all notices are sent, the next step is to pay all the creditors and distribute the remaining assets between the beneficiaries as mentioned in the will.
Though this sounds like a simple and easy process, it is not such a simple task especially if there are substantial assets and if there are several beneficiaries and the beneficiaries include minor children or if there are substantial debts to be settled. Experienced probate attorneys such as the ones from the law office of Quincey, Becker, Schuessler, Chase and Devitt, SC, will have dealt with many cases and will know what process to follow and what to expect in each situation. The probate process can take several months and until such time, the heirs will have no right to their inheritance.
If you choose to handle the process without the help of a probate attorney, there are chances that you could make a mistake which could make the process to take longer or even become more complicated. A qualified probate lawyer has deep knowledge and experience in handling different probate cases and can make the process faster and smoother. Another reason you should hire a Probate Lawyer in Beaver Dam, WI is that there are a lot of tax issues involved in the probate process and you may not have enough knowledge to handle them properly. Most probate attorneys also act as will lawyers and will help you draft the last will of the deceased as well.
