12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Do I Need a Probate Lawyer in Mclean, NE

Do I Need a Probate Lawyer in Mclean, NE


When the time comes to die, make sure that all you have to do is die!
 
- Jim Elliot


Probate is the process that occurs after an individual passes away. It involves distributing assets and taking care of any debts. This process happens regardless of whether or not there is a Last Will and Testament.

A probate lawyer is an estate or a trust lawyer that can help manage the filing of the last testament or will of a deceased individual. Probate attorneys can also help create a Last Will and Testament and can assist with trust planning (including Living Trusts) as well as powers of attorney and medical powers of attorney. They can assist the executor of the will with preparing and filing of all documents required by a probate court.

Some people do estate planning on their own and others get legal advice from a probate or trust lawyer. As the executor winds up an estate, they may want legal advice from an experienced lawyer who is familiar with both state law and how the local probate court works. However, not all executors feel the need to hire a probate lawyer. If the estate doesn't contain any unusual assets and isn't too large, the executor may be able to complete the task without a lawyer's help.

Several factors may help an executor decide if they need the help of a probate lawyer. Was there any probate-avoidance estate planning? Assets can be transferred to their new owners without probate court if they are held in joint tenancy, survivorship community property or transferred to a Living Trust. Probate is also unnecessary for assets for which the deceased person named a beneficiary—for example, retirement accounts or life insurance policy proceeds.

Things get more complicated when an estate includes a business, commercial real estate, or any other asset that requires special handling. You may want to consult experts if you need to manage, appraise, or sell a business.

If there's enough money to pay off debts (taxes, medical expenses, funeral costs, credit card bills, mortgages, car loans, etc.), with some left over for beneficiaries, you won't have to figure out which debts to pay. If your initial investigation reveals that there may not be enough money in the estate to pay debts and taxes, don't pay any bills before you get legal advice. State law gives some creditors priority over others.

Today, more than 99.7% of all estates don't owe federal estate tax. There's also a very small chance that the estate will owe estate taxes to the state. You may need expert legal and tax advice if the estate is large and must file an estate tax return, either with the IRS or the state taxing authority.

Many states offer small estate procedures such as summary probate and an entirely out-of-court process that requires presenting a sworn affidavit to the person or institution holding the asset.

Are family members talking about suing over the estate? Probate lawsuits tear families apart and can drain a lot of money from the estate in the process. A lawyer may be able to help the executor avoid a court battle or to deal with it if it is unavoidable.

Only you can decide if hiring a lawyer is right for you. Check out 12Law.com for listings of lawyers in your neighborhood.
 
Personalize & Print a Free NE Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free NE Living Trust Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Related Legal Services near Mclean, NE
Baldwin Michael W
2033 Central Ave
Kearney, NE 68847
(308) 234-9889
Attorneys, Wills, Trusts & Estate Planning Attorneys, Legal Service Plans
Gerber Gwen Office
711 E 25th St
Kearney, NE 68847
(308) 236-8000
Attorneys, Legal Service Plans
Fendrick Jason R
2033 Central Ave
Kearney, NE 68847
(308) 236-7711
Attorneys
Wirth Jeffrey M
2002 Central Ave
Kearney, NE 68847
(308) 234-6561
Attorneys, Legal Service Plans
Marsh John H
1323 Central Ave
Kearney, NE 68847
(308) 236-6441
Attorneys
Freburg Nancy S
1600 Central Ave
Kearney, NE 68847
(308) 234-5779
Divorce Attorneys,  Attorneys,  Family Law Attorneys,  Personal Injury Law Attorneys,  Adoption Law
Jacobsen Orr Lindstrom & Holbrook PC LLO
2302 1st Ave
Kearney, NE 68847
(308) 234-5579
Attorneys,  Personal Injury Law Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Wills,
Brandt Jonathan R
2033 Central Ave
Kearney, NE 68847
(308) 237-5545
Attorneys, Family Law Attorneys, Legal Service Plans
Anderson Klein Swan & Brewster
2033 Central Ave
Kearney, NE 68847
(308) 237-5545
Estate Planning, Probate, & Living Trusts,  Attorneys,  Criminal Law Attorneys,  Family Law Attorn
Brewster Charles D
2033 Central Ave
Kearney, NE 68847
(308) 237-5545
Attorneys, Criminal Law Attorneys, Legal Service Plans
Butler Voigt & Stewart PC
2202 Central Ave # 200
Kearney, NE 68847
(308) 234-5524
Attorneys
Butler Larry E
2202 Central Ave # 10
Kearney, NE 68847
(308) 234-5524
Attorneys
Voigt Steven R
2202 Central Ave # 10
Kearney, NE 68847
(308) 234-5524
Attorneys
Brinegar D Brandon
3423 2nd Ave
Kearney, NE 68847
(308) 237-5187
Attorneys
Knapp J C
15 W 22nd St
Kearney, NE 68847
(308) 233-5120
Family Law Attorneys,  Probate Law Attorneys,  Attorneys,  Bankruptcy Law Attorneys,  Divorce Attorn
Lowe Stephen G
2033 Central Ave
Kearney, NE 68847
(308) 237-5100
Attorneys, General Practice Attorneys
Wirth Jeff Atty
4703 E Ave
Kearney, NE 68847
(308) 234-4884
Attorneys, Legal Service Plans
Synek Michael J
814 Central Ave
Kearney, NE 68847
(308) 237-4808
Divorce Attorneys,  Attorneys,  Family Law Attorneys,  Real Estate Attorneys,  General Practice Atto
Romero Michele J Atty
3720 A Ave
Kearney, NE 68847
(308) 237-4744
Attorneys
Stamm & Associates PC Llo
3720 A Ave Ste C
Kearney, NE 68847
(308) 237-4744
Attorneys,  Child Custody Attorneys,  Divorce Attorneys,  Criminal Law Attorneys,  Bankruptcy Law At
Stamm Romero & Associates
3720 Avenue A Suite-C
Kearney, NE 68847
(308) 237-4744
Attorneys,  Child Custody Attorneys,  Divorce Attorneys,  Criminal Law Attorneys,  Bankruptcy Law At
Stamm Vikki
3720 A Ave
Kearney, NE 68847
(308) 237-4744
Attorneys
Walker Doug
144 Commercial Ave
Hildreth, NE 68947
(308) 938-4585
Attorneys
Smith & King
231 N Main St
Hay Springs, NE 69347
(308) 638-4468
Attorneys, General Practice Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US