What is estate administration?

What is estate administration?

Estate administration is a process that individuals can use to plan for their possessions after they have died. This can give them the opportunity to allocate their assets to individuals that were close to them. When they are able to do this, it can help them cope with the idea of death. It may also comfort their family to know what possessions were given to them and to understand that their loved one cared for them to think of them when planning for their estate. Planning for your estate is an important part of life that you should consider in order to prepare yourself. It can be comforting to know that everything is taken care of once you are deceased. This can help your family and friends get the closure they need. By planning for your estate, you can have your family retain control over your assets. This may be able to help provide for them. Probate is a process that can prove that a will is a valid legal document for estate administration. After you pass, your family will not have to worry about dealing with the distribution of your possessions, but you will be preparing them so they will not have to deal with taking care of your assets.

What documents are involved in probate?

A will is a legal document that goes through the probate process. It goes through probate to prove that it is valid in the eyes of the court. When a will is made by someone, they will outline who they want their possessions to go to. These individuals are called beneficiaries. They may also choose an executor of their will who is in charge of making sure that the proper possessions are given to the right people. As an executor, they will have substantial responsibilities that require their cooperation to complete. Beneficiaries of a will are the individuals who are named in the document to receive an asset from the deceased person. If the individual who created the will was not lucid enough to decide the terms of the will, it may not be considered valid. Upon laying out the will, the individual will have to sign it and have two witnesses present to ensure the state of mind of the individual.

The attorneys at JD Katz have years of experience compassionately guiding clients in Maryland through the estate planning and administration process. Our firm also has experience with matters of elder law, business law, tax law, and litigation. For a legal team that will put your needs first, contact JD Katz today.

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