Eliminate stress, confusion, and pressure associated with estate administration/probate processes.
Estate Administration/Probate is the process by which the court system takes an inventory of the deceased person’s entire estate. This includes everything the person owned at the time of their death—both individually and jointly with someone else. Once the courts finalize inventory, they then distribute it by carrying out the person’s Will or if the person dies intestate (without a Will) as the law specifies.
Why is Estate Administration/Probate Important?
The Probate process can be a long, painful, and drawn out process and unfortunately, happens concurrently with the grief and pain of having just lost a loved one. It can be especially hard when a person dies ‘interstate’, meaning without a Will, as the government decides what happens to the person’s property rather than a loved one doing so. A verbal agreement on handing down their assets will not be held legal unless the agreement is written down in a Will. Without a Will, even creditors have the right to take possession of the deceased property before a family member. It is extremely important to have a plan in place prior to death.
Do I Need a Will?
Keep in mind, none of us are promised tomorrow. It’s not only the elderly that need to have a Will in place. Every adult person, whether married or single, whether they have children or not, should have at minimum, a basic Will in place.
What Does the Estate Administration/Probate Process Look Like?
Each situation is different. Estate Planning needs are different for each case. Our team can work with you to find the right fit for you and your family. It is recommended to update your Estate Plan (at a minimum) every five years to keep up with the changes that have happened in your life. Fulfilling an estate plan can be a long process with a lot of stress, but creating a Will and an estate plan can help ease the stress during this time-sensitive process.
The process includes assigning an Administrator or Executor to fulfill the needs of the estate. This allows you to choose someone you trust to care and close out your estate in the manner you wish and prepare in your estate plan. The Executor Will have to be involved in going through court processes and following court-assigned schedule.
Partnering with Glass Law to set up an Estate Plan to help the Executor with the Probate process can help them during the difficult times of dealing with the loss of a loved one. Our team is intimately familiar with the process and knows how to make your experience the most cost and time effective, and painless as we help with the tricks of the trade.
How Long Does it Take?
Ten months is the shortest time frame for the Estate Administration/Probate process. The shortest case, experienced by Steve Glass was ten months for a simple estate that had little to no assets involved. The process can span up to five or more years. Glass Law can administrate estates for every county in North Carolina. Each county has a slightly varied process, but our team can work with you to handle the process in the most effective way.
How Much Does It Cost?
There is no way to definitively figure the cost of the Estate Administration/Probate process. Everyone’s estate is different and varies from another. Each ‘phase’ of the process can range from $1,000 to $6,000, depending on the complexity of the estate.
Things to Consider When Setting up Your Estate Administration/Probate:
- Appoint an Administrator or Executor of the Estate
- Obtaining Letters of Testamentary or Letters of Administration
- Legal comprehension to pay taxes and the handling of the estate
- Partner with a law firm that can help plan and navigate the system during stressful times
Are you struggling with the Estate Administration/Probate process for a loved one right now? Take time to get in touch with our team so that we can help you through it.
To learn more on how we can work together to accomplish your legal needs, contact us today.
Hours & Info
1135 Kildaire Farm Road
Cary, NC 27511
Monday – Friday: 10:00am – 5:00pm
Saturday – Sunday: Closed