One of the major problems that people have to deal with is the settlement of the estate of a deceased person who has left no will. It seems like it shouldn’t be a problem for family members to settle their loved one’s estate. However, people, including family members, become aggressive and even vicious when it comes to property that might somehow be theirs. This is why it is so important to have the matter of the estate settled before death. There is an attorney who practices wills and estates law in Angola, Indiana. Here are things clients may be interested in knowing.
When a person responsibly takes care of the planning of their estate, a lot of time is saved and costly expenses that might occur afterwards are avoided. The planning of the estate includes, but is not limited to the writing of a will, the creation of a power of attorney, and the proper administration of the other assets, such as banking, stocks and bonds, and various life insurance policies.
In the event that the person dies not having taken care of the matter of their estate, the estate will go into probate. Administration of the estate will be supervised, unsupervised or small estates. In the supervised administration, a personal representative will be appointed, and nothing can be sold without the court’s approval. In the unsupervised, the administration is simpler, the estate is solvent, and the personal representative is well qualified. The small estates are worth less than $50,000 and require no administration. All of these things can be made less complex with a competent estate attorney.
Yoder & Kraus have been providing legal solutions to clients in the Angola, Indiana area for more than 50 years. In addition to helping clients with wills and estates, the attorneys also help with family law, real estate law, DUI law, criminal law, elder law, personal injury, divorce law, and drug defense law. Anyone looking for a lawyer who practices wills and estates law in Angola, Indiana can visit us.
