Death is the one experience in life that cannot be prevented, as it is something that everyone must face at some point in life. People can save up a substantial amount of money and purchase valuable assets, but will have no need for such things when death occurs. However, it is possible to pass everything on to loved ones after death, and it can be done legally through a will. The will allows someone to be chosen as the executor of the estate to ensure that the money and assets are properly administered to the beneficiaries. If you were appointed as the executor of the estate of a deceased loved one, continue reading this article to learn why you should hire a probate attorney.
Validating the Will
Before executing the things that are mentioned in your deceased loved ones will, it is important to ensure that everything is legal and valid. For instance, find out if it is possible that someone maliciously changed the will or enticed your loved one to do so before his or her death occurred. Hiring a probate attorney is wise because he or she can thoroughly analyze the will on your behalf. The attorney will know if anything in the will appears to be suspicious, and will take the necessary actions to help you contest the will if it is necessary. There might have to be a trial via probate court if the will is suspicious.
Appraising the Estate
It is sometimes necessary for an appraisal to be performed of the estate before everything can be distributed to the beneficiaries. An appraisal is important for various reasons, such as if all of the beneficiaries are to receive an equal value of the estate. An appraisal is also necessary because a portion of it may have to be set aside for paying of debts that were left behind by the deceased. An attorney can ensure that the appraisal is performed by a professional who can be trusted. He or she can also verify if the appraisal is fair in regards to what everything is worth.
Locating the Assets
It is possible that you will not no the whereabouts of all of the assets that are mentioned in the will. An attorney is helpful because he or she will thoroughly search for everything that is owned by your deceased loved one, even it there are assets in foreign countries. He or she will also located any bank accounts that you may not be aware of.