Most people will have to navigate probate proceedings in their lifetime. Whether a loved one has designated you a beneficiary or named you the executor of the estate, you’re probably wondering what comes next. Since every scenario is unique, consult an attorney for guidance. In the meantime, below is some general information about probate in Ohio.

Most Common Questions About Probate in Ohio

What happens during probate?

The executor of the estate is responsible for completing several tasks during the probate proceedings. These include locating all assets, paying applicable creditors, filing the final tax return, and distributing any remaining property to the named beneficiaries.

How long does it take?

Since creditors have a six-month window to file their claims, the proceedings must extend for at least half a year. As such, relatively simple estates can settle through probate within eight or nine months. But if disputes arise along the way—someone contests the will or the IRS audits the return—probate could end up taking years to complete.

How much does probate cost?

Unfortunately, there’s no formula for estimating the total cost. Legal proceedings are unpredictable, and every estate is different. In addition to filing fees and court costs, which are typically a few hundred dollars, there may be legal fees to consider, as well as the executor’s fees and all necessary appraisal fees. 

Do all estates have to pass through probate?

In the state of Ohio, estates valued at less than $5,000 are not subject to the process. It may also be possible to bypass the proceedings if the surviving spouse inherits everything, as long as it totals less than $45,000.

If you recently lost a loved one and your family needs help settling the estate, turn to the attorneys at Rutherford Law Office. Serving clients throughout Ross County, OH, this firm helps clients navigate all kinds of legal proceedings. Their areas of expertise include estate planning, civil litigation, and Medicaid planning. Learn more about their knowledgeable team by visiting their website. To request a consultation, call (740) 775-7434.