October 14, 2019
What is Probate?
You may have heard the term probate before, but you may not know what it is. Probate is the process in which the will of a deceased person is proved in a court of law. The will must be recognized as a public document so that the deceased person’s beneficiaries are distributed as they wish. Any taxes or debt left after the person has died will also be handled in this process.
On the other hand, if there is no will of the deceased, then more proceedings occur to determine how the assets are distributed. This process is lengthier and does not always turn out as planned. The judge will recognize an administrator to distribute the assets. However, they must follow the judge’s established probate.
Typically, there is one person who executes the probate of the deceased. This person is usually a family member and must have the written will. Texas law requires the probate must be performed within four years of the drafter’s death. If the probate is not filed before the expected time, then the laws of intestacy take effect. This is when there is no will, and the government will decide how the assets are divided.
Probate can be a very long process depending on the situation. If the will is complicated or if it is contested, then you could experience years of court. This is not ideal when you want to move on from losing a loved one. Fortunately, there are ways to speed up the process or make the hearings bearable. Hiring a lawyer can really make this process so much easier. The Fetty Firm are the best people for the job.
Contact The Fetty Firm today for your probate process. We can assist in administrating your loved one’s will. A neutral third party is usually best when working with a deceased person’s assets. We want you to be able to move on without having to dawn on your loss. Visit our site so you can learn more about our services. You may also call us at (214) 546-5746 to ask us any questions you may have.