Probate and Estate Administration
If estate planning is the process of designing a playbook, then estate administration is the process of putting the playbook into action. The process begins with an event, such as incapacity or death that triggers a provision in an estate plan requiring the designated individuals to step into action. This typically involves initiating court proceedings (probate or guardianship/conservatorship proceedings), administering the terms of a trust, or both.
Probate and Estate Administration can be complex, and the individuals designated should have competent and experienced counsel to guide them through the process. They must make important decisions, sometimes quickly, and they will need help to make them wisely. They will usually need to prepare inventories of property, prepare tax returns, or sign other important documents. Ultimately, they must divide and distribute the property to those individuals or charities identified in the will or trust agreement.
Probate is a less than ideal outcome, and it is also highly preventable. Careful financial management and estate planning can avoid probate and provide additional peace of mind. More importantly, it can protect your beneficiaries and prevent them from having to live with extra cost, delays, disputes, and negative feelings, while maintaining privacy. When your estate is probated, your financial information, identities of your heirs, and other personal information all become a matter of public record, accessible to anyone who wants to look it up, possibly even online depending on the court system where you estate is probated.
The Probate and Estate Administration process in Washington or Idaho carries many responsibilities and can be a very stressful and emotional experience. The Estate Administration and Probate attorneys at the Crandall Law Group can guide you or your loved ones through this process in a thorough, efficient, and sensitive manner. Contact us today to schedule an initial consultation with one of our Washington or Idaho Probate and Estate Administration attorneys.