Estate administration can be a scary topic to talk about for some individuals. Although they may not want to think about planning for the end of their life, it can be useful in the future. By administering your estate, you will be able to leave your loved ones behind with the knowledge of how you wanted your assets distributed. This process may also be helpful to cope better with death. Through estate administration, loved ones can understand how you would want your assets to be distributed after your death. Estate administration still has some aspects that need to be completed after the death of the individual who owned that estate. Probate is a process that is involved in estate administration. Probate legalizes documents involved in the planning for estate administration. One important document is a will, which is made by the individual to outline their desires and how they want their assets distributed to their loved ones. There are certain procedures that need to be followed to ensure that a will was made through legal means. The one making the will should not be deceived or convinced in any way by another party. They must be of a clear state of mind to show that they were capable of making decisions for their will.
When do beneficiaries gain control of assets?
The distribution of someone’s estate is an important part of the process since other individuals are involved in this. Beneficiaries are named in a will to collect assets that belong to the estate. Deceased individuals could have given their house to their child or they may have given a sentimental item to a close friend. These beneficiaries are entitled to the piece of property that is named to them by the deceased individual. When the proper documents are filed with the Surrogate’s Court, the heirs of the estate should receive a citation that establishes the Surrogate’s Court where probate will occur. This citation will also include a list of the rights of all interested parties and the responsibilities that the executor must complete. With no issues present, the executor can carry out the wishes outlined by the testator and administer the will.
If you require compassionate and knowledgeable legal guidance for a matter of divorce, family or estate law, please contact the experienced attorneys at the Law Offices of Cynthia L. Hanley today. Our firm proudly serves clients in Mansfield, Massachusetts and throughout Bristol County.