People talk about probate, but how many know what it requires? The probate and trust attorneys with Blackwell & Associates, P.C. in O’Fallon want you to know how the process works in the state of Missouri so you and your loved ones can prepare for it.
Probate & Trust In Missouri
When a property owner passes away, the legal process required to distribute the property is called probate. If the individual has a will, the person who has possession of the will offers it for probate. A valid will determines how the property is distributed. When no valid will exists, the property is divided according to the state’s laws.
Certain types of property and forms of ownership do not pass through probate. Examples are insurance policies, property in a revocable trust, or real estate owned by joint tenants with right of survivorship or in tenancy by the entirety.
Estate Administration in Missouri
The probate divisions of Missouri’s local county circuit courts handle these matters. Traditional probate is not necessary for estates that qualify as small. Personal representatives of small estates can use a streamlined process to settle.
Types of Probate
The two types of traditional in-court probate processes are independent and supervised proceedings. Independent proceedings are the more informal of the two and can be used if all the beneficiaries agree or the will covers the issue. Supervised proceedings are formal, more expensive, take longer, and require judicial approval of the personal representative’s actions.
The probate and trust attorneys at Blackwell & Associates, P.C. provide wise and caring counsel for estate planning to make probate as easy as possible. You can depend on the lawyers and staff at this law office to address your concerns so you and your loved ones will have peace of mind.
Let the probate and trust lawyers at Blackwell & Associates, P.C. help you. Visit their website to learn more about their practice areas. Call their law office in O’Fallon at (636) 240-3632 to schedule your consultation appointment.