Making Legal Information Accessible

« Back to Home

Reasons To Hire An Attorney When Dealing With Estate Administration

Posted on

After a loved one passes on, surviving family members may have to deal with their estate. This process is known as estate administration and it's something you probably should hire an attorney for. Then you'll receive the following type of assistance. 

Settle Debts With Creditors

If your family member who passed on had debt, then creditors will need to be updated and dealt with. You won't have to deal with this yourself, though, if you hire an estate administration attorney. They'll be the party communicating with creditors that are still owed money.

You can still use your family's assets to pay off this debt, but the estate administration attorney will make sure the right creditors are targeted and for the right amount. This way, there isn't any lingering debt that your family now has to worry about day after day.

Manage the Sale of Assets

If your loved one who is now gone had a bunch of assets that your family is entitled to, you may want to sell some of them off. The money can be used for your own benefit or to pay off the aforementioned debts that are stilled owed. You just want to let an estate administration attorney help with this process.

They can do a lot of things, such as make sure your family is entitled to the assets according to the will and find out the value of assets. This way, you get the most amount of money possible from buyers who are interested.

Help Distribute the Estate

If there's a part of the estate that your family doesn't want to sell off and in fact wants to keep around, then it's important that these parts are properly distributed. You can ensure this process goes smoothly if you let an estate administration attorney provide assistance.

They've done this many times in the past and that's key for helping your family avoid complications and difficult disputes. They'll refer back to the will to see who should get what and when, ensuring that asset distribution goes according to plan from beginning to end.

If there is a loss in the family and that member had an estate, you want to make sure an estate administration attorney is hired as quickly as possible. They know how this process is supposed to go and what your family needs to do at different stages, saving everyone a lot of stress and regrets.


Share