In the movies, when someone passes away, their loved ones gather for a reading of the will and assets are immediately divided up among survivors. While that may seem relatively straightforward, the reality is much more complex. As Woodlawn Law Offices, in O'Fallon, MO, explains, most estates must go through probate, a time-consuming process that can take months, or even years. Here, these trusted local probate attorneys shed light on their legal specialty.

Validity Of The Will

Probate law states that every will must be submitted to the court, which will then confirm its validity. Once it is verified, the court will inform the executor of the estate and all the named beneficiaries that the process is about to begin. If you failed to nominate an executor, the court will appoint someone and grant them the legal ability to act on behalf of your estate.

Inventory Of The Estate

Before any assets can be distributed, a comprehensive inventory of your estate must take place. Partly, this will confirm you own the property named in your will, but it will also take into account anything you acquired since preparing your estate.

Payment Of Debts

Before your descendants can inherit your property, the executor will first have to settle any debts or liabilities carried by the estate. While they will likely use the liquid assets you have in the bank, they may have to sell off valuable property to pay your creditors.

Distribution Of Assets

If the probate laws in your state allow for partial distribution, your beneficiaries may receive property throughout the process. However, it's not uncommon to wait until the very end to distribute the assets, minus anything spent on your debts.

For a quarter of a century, Woodlawn Law Offices has helped survivors navigate the complexities of probate law, allowing the process to move swiftly and seamlessly. Visit the website to learn more about their legal services, or call (636) 240-6667 to schedule a consultation with a probate attorney today.