What Does This Mean?
You’ve been named the executor of a will and that is a big responsibility. First, someone thought that you would be the best and most trusted person to handle their entire estate. Secondly, by law, it means that the assets must be divided in a legal and efficient manner. Thirdly and most importantly, you should honor their wishes when handling their estate. Moreover, this entire process can be overwhelming if you don’t have the right knowledge or resources at hand. Keep this in mind, Abercrombie, Sanchez & Wood’s probate lawyers are experts in inheritance and estate tax and are ready to help.
Take Inventory Of The Estate
After contacting us, the first thing to do is take a complete inventory of what is involved in the will and estate. At our firm, we take a holistic approach to probate. In fact, you can count on our team to be by your side through all phases of these emotionally charged and complicated proceedings. You can read the following section to get a better understanding of how we can assist you and what you’ll need to do.
- Collect Proceeds From Life Insurance Policies
- Identify Estate Assets
- Collect Appraisals For The Decedent’s Property
- Pay Bills & Debts
- Determine Estate & Inheritance Taxes
- Income Tax Resolution(s)
- Manage Estate Checking Account
- Disburse Final Assets To Beneficiaries
Check out the Texas Estates Code, it provides a thorough and more detailed legal description of how things should be legally handled. Did you click the link? If so, you see just how complicated it can be.
In conclusion, don’t waste another moment if you need help. Schedule a preliminary consultation with any of our certified probate lawyers as soon as possible. Have no doubt, we’re fully equipped to help you and can handle most estate-based matters. Reach out to us on our website, DM or call us today at 888-981-7509. Our team of attorneys use their expertise to fight for you and help you reach an agreement in your specific case.