how to obtain a probate lawyer that will handle estate

The first step is to locate the deceased person’s original will. The second step is to file a petition, using form AOC-805, which asks the District Court judge to admit the will to probate and to appoint an execu-tor to administer and settle the decedent’s estate. KRS §§394.140, 394.145. If there is no will, this same petition will request the court to appoint an administrator to handle the financial affairs of the deceased. Both an executor and/or an administrator are also referred to as a personal representative. KRS Chapter 395.

Full Answer

When do you need an estate or probate attorney?

Lawyers usually use one of three methods to charge for probate work: by the hour, a flat fee, or a percentage of the value of the estate assets. Your lawyer may let you pick how you pay—for example, $250/hour or a $1,500 flat fee for handling a routine probate case. Hourly Billing. Many probate lawyers bill clients by the hour.

How do you pay a probate lawyer?

Jul 29, 2019 · In our survey, more than a third of readers (34%) said that their lawyers received less than $2,500 in total for helping with estate administration. Total fees were between $2,500 and $5,000 for 20% of readers, while slightly more (23%) reported fees between $5,000 and $10,000. It shouldn’t be a surprise to learn that large estates tended to ...

Can an executor of an estate hire a lawyer?

Jul 05, 2021 · In some circumstances, we do recommend you obtain a probate attorney. You can read more about those situations in Can I probate a will without a lawyer? The probate process at a glance . 1) Petition the court. In order to start the probate process with or without an attorney, you will need the following: Probate petition; Death certificate

Should you negotiate with a probate attorney?

Jul 16, 2021 · No state requires you to use a lawyer to probate an estate, but probate can be complicated, and you can be personally liable if you do something wrong. One minor omission, one failure to send a copy of the petition, or a missed deadline can cause everything to come to a grinding halt. Among other problems, this kind of mistake is likely to make ...

What causes an estate to end up in probate court?

Several factors increase the possibility that an estate will end up in probate court. Some of these are second marriages, sibling rivalry, and dysfunctional families. Bad blood has a nasty way of making it's way to the surface at times like these. It also occurs often when there is a non-standard will.

What is probate litigation?

Probate litigation is a legal process. This process determines what happens to an estate in the event of a death. Some people never take the time to sit down and write up a will. In those cases, there is often little to direct what happens and who gets what. This leaves it wide open for squabbles to arise.

Why do people avoid probate?

But in cases where the heirs can't agree this process can mitigate fights and bad feelings. Many a family has been torn apart by disputes after the death of a family member .

How long does probate litigation last?

While probate litigation can drag on for months or even years, it will end at some point. Relentless squabbling only runs in circles and it takes a lot to agree and end the battle. In probate litigation, the courts make the decisions for you. Often, all parties involved rest easier.

Who is Bryan DeBruin?

Bryan De Bruin is a Real Estate and Business Law attorney serving Greenville, SC and the surrounding upstate. Bryan is proud to guide clients through the legal process and makes sure that every client understands each phase of their case, so that they are prepared for what happens next.

Do you need an appraiser for jewelry?

Bank accounts and whatnot are pretty easy. But for items like jewelry, art, and real estate you will need a professional appraiser. All items must be listed at their value on the date of the decedent's death. Thus you will need to provide financial institutions with the date of death.

Does a will prevent probate?

You might think that having a will avoids all these familial problems at death. It helps a lot for sure, but it doesn't always avoid probate. Possible cases include where one child was cut out, or given less and wants to contest the will.

How much does a probate lawyer charge?

Small town rates may be as low as $150/hour; in a city, a rate of less than $200/hour would be unusual. Big firms generally charge higher rates than sole practitioners or small firms, unless a small firm is made up solely of hot-shot specialists.

How long does a lawyer bill?

Many lawyers bill in minimum increments of six minutes (one-tenth of an hour). So, if your lawyer (or a legal assistant) spends two minutes on a phone call on behalf of the estate, you'll be billed for six minutes.

What is the process of probate?

This process begins when you file a document (usually called a petition or application) with the probate court in the county in which the decedent lived.

Who is the administrator of an estate?

The estate administrator, also called the executor or personal representative, is usually the only person with the legal authority to manage the estate through the probate process – or at least, manage the estate after it’s been submitted to a probate court.

How long after death do you have to prepare for a funeral?

After you’ve transferred the body to a mortuary or similar facility, you’ll also have to begin preparing for a funeral, cremation, or burial ceremony. You can usually wait a couple of days or more before you begin making these plans, and can use that time to determine if the decedent left behind any instructions. Follow the decedent’s wishes, if you know them, or the instructions left behind in the estate planning documents. If you don’t have guidance, you’ll have to make the plans on your own, or coordinate with other family members and loved ones.

What is estate after death?

An “estate,” in legal terms, is the collection of assets, debts, and other issues left behind by a decedent.

Do you have to pay estate taxes?

In general, you, as an individual, are never responsible for paying estate expenses. This includes any estate taxes that the estate might have to pay. Inheritance taxes, on the other hand, are different. If you receive an inheritance and live in one of the few states with an inheritance tax, it’s your responsibility to determine if the tax applies to you, and how much you have to pay.

What is unsupervised probate?

Unsupervised formal probate requires executors to get court approval for specific actions, such as using estate funds to pay creditors or distributing assets to beneficiaries. Supervised Formal. Formal probate is the most rule-intensive probate process, and has the most court involvement and supervision.

What happens if there is no will?

If there’s a last will and testament, its terms determine who inherits, and how much. If there’s no will, state intestacy laws determine who the inheritors are.

Total Fees Charged by Estate Administration Lawyers

In our survey, more than a third of readers (34%) said that their lawyers received less than $2,500 in total for helping with estate administration. Total fees were between $2,500 and $5,000 for 20% of readers, while slightly more (23%) reported fees between $5,000 and $10,000.

How Lawyers Charge for Probate and Other Estate Administration Work

The total fees that estates paid for legal services were based on one of three types of fee arrangements charged by attorneys for probate and other estate administration work: hourly fees, flat fees, and fees based on a percentage of the estate’s value.

Free Consultation With Probate Lawyers

More than half (58%) of the probate attorneys in our national study reported that they offered free consultations. The typical time for these initial meetings was 30 minutes, though the overall average was higher (38 minutes).

What to Do Upon Learning of The Death

See more on moneycrashers.com

Manage and Settle The Estate

Pay For Estate Expenses

Types of Probate

The Probate Process

Other Issues to Consider

Final Word