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July 03, 2009
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Frequently Asked Questions About Probate

 

What is probate?
Probate is a court-supervised process that takes place after someone dies. Probate sorts out the transfer of the deceased person’s property. It calls for proving in court that a deceased person's will is valid, identifying and inventorying the deceased person's property, having the property appraised, paying debts and taxes, and distributing the remaining property as the will (or state law, if there's no will) directs. The probate process requires paperwork and court appearances by lawyers. The estate pays lawyers and court fees.

What happens during the probate process?
The deceased usually names an executor to manage his affairs. The courts may appoint someone in case it hasn’t been done. While people may hand out property in their wills, the state’s laws and creditors’ claims may complicate things in court. The more complex and larger the estate, the longer this process will take. The executor must also show that the deceased followed the law in writing his will.

What happens if a will or probate process is contested?
The probate process is usually contested by one of the heirs. Typically they feel entitled to a larger share of the property. It is the responsibility of the executor or the court-appointed administrator to defend the will in probate court.

Why do I need a will?
A will shows how you want your property distributed after your death. If a will has not been written, your family may be forced to deal with costly litigation.

Who needs a will?
Every adult, whether single or married, who owns property should create a will. Click here to find an estate planning lawyer in your area.

What is the job of the executor?
The executor, who is named in the will, handles the probate process. This job usually goes to a close relative who inherits most of the deceased person’s assets. If no one is appointed, the courts may appoint an administrator. The executor tracks down property and accounts to pay creditors, debts, taxes and beneficiaries.

What are the different kinds of probate?
Supervised probate is the most formal and expensive. The court must approve each transaction. Unsupervised or independent probate is simpler and cheaper. The court may play a small role or none. This form of probate is used for estates that exceed the limit for small-state administration. All beneficiaries must agree to use this type of probate.

Small estate probate is the simplest and fastest probate available. It’s not available in every state and can only be used on estates ranging from $1,000 to $100,000. Property can be transferred by affidavit.

Does all property have to go through probate?
Some property can avoid the probate process. Property or other assets held in trusts may be exempt. To talk to an estate planning lawyer in your area, contact us now.

Should I plan to avoid probate?
Probate is rarely a benefit. It usually costs money and time. The process only makes sense if the estate faces complicated problems. If you’re young and in good health, it may not make sense to plan to avoid probate court. Any plans will have to be redone when you’re older. Planning to avoid probate court makes more sense for people who are older than 50. And for people who own a good deal of property.

Contact our New Hampshire Probate Lawyer Now!

 

 
Did You Know?    
 
 
There Is Someone Responsible For Handling The Probate Process
If there is a will, the individual responsible for handling the probate process is called the executor. If there is no will that person is known as the administrator. In either case that individual is responsible for managing the deceased"s estate throughout the entire probate process.

 


  Newsroom  
 


Latest news about probate cases in New Hampshire and nationwide:

Columbia County Woman Guilty Of Embezzling Nearly $200,000 Of Inheritance Money From Trust
Attorney General Andrew M. Cuomo today announced the guilty plea of a Columbia County woman who admitted to embezzling nearly two hundred thousand ...
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Aging Services Schedules Georgia Public Guardians Training
Volunteers interested in becoming legal guardians for vulnerable adults will have the opportunity to attend an informational session in Albany, Feb...
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Trusts Are Designed To Distinguish Between Income And Principal
Trusts are designed to distinguish between income and principal, as many of them, especially older trusts, provide for income to be distributed to ...
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More Probate News >

 
 

Probate Terms

 
 


Today's Terms

Personal representative

Definition:
The person responsible for the administration of an estate. This includes paying creditors and heirs.

Jointly held bank account

Definition:
A bank account that is held by two or more people each of whom has a right of survivorship.

Assets

Definition:
All property owned by a person that can be used or made available to use in the payment of debts and heirs.

More Probate Terms >

 
 

Probate Resources

 


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Probate Hot Topics

 


Topics Related to Probate:

  • Probate Court
  • Last Will and Testament
  • Living Will
  • Power of Attorney
  • Trust Planning
  • Asset Protection
  • Special Needs Trusts

More Probate Topics >

New Hampshire Probate Attorney

 
If you live in the following cities and need an probate attorney you should contact our Probate Attorney as soon as possible:


  • Bedford
  • Concord
  • Derry
  • Dover
  • Durham
  • Exeter
  • Hampton
  • Hudson
  • Keene
  • Laconia
  • Londonderry
  • Manchester
  • Merrimack
  • Nashua
  • Portsmouth
  • Rochester
  • Salem


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