Are you currently involved in a situation in which the will of a deceased family member is unclear or may be enforced unfairly? If so, you will want to make sure you familiarize yourself with the probate process, which may give you the opportunity to go through legal channels to question the the wording, interpretation, or implementation of a will.
In order to help guide you through this probate process, you may want to seek the services of a probate attorney specifically, or an estate planning attorney. The entire situation may take anywhere from a year to a year and a half to be resolved in America. If finances or property has already begun to be distributed, they are often considered “frozen assets” until the probate situation has been finalized.
Daily Finance reports that about one-fifth of adults in the United States recognize the importance of estate planning and intend to put time and energy into it as a result before the year is out. Unfortunately, nearly six percent of adults in the United States don’t fully appreciate the importance of having a will when it comes to dividing property or monies, also according to Daily Finance.
Fortunately, you don’t have to be among that demographic. IF you have more questions, comments, or suggestions with regard to the probate process, feel free to share them all in the forum below.