After an individual dies, family members must first determine if a will exists and where it is located. Generally, individuals will place their wills in safe deposit boxes. Once a will is located, it must be filed in the probate court by the individual named as the executor, personal representative, or trustee.
If you have been appointed as the executor of the will, it is best to consult with a probate attorney as soon as possible. The executor plays a vital and demanding role in the probate process. A licensed probate attorney will walk you through this complex process and ensure you comply with important probate laws.
Once the will is filed in the probate court, the court must determine its validity. If you have doubts as to its validity, it is best to consult with a probate attorney who can contest the will on your behalf. The executor will then be appointed, as named in the will or if not named, as the court sees fit. The executor must notify all named beneficiaries of the existence of the will and create an inventory of the estate. All claims against the estate must be paid, along with estate taxes. The remaining assets will then be distributed.
In Missouri or Kansas, when a loved one dies, his or her estate may go through the process of probate. Probate is a court-supervised legal process by which the assets of the deceased are distributed. Not all estates will go through probate. Probate will generally take place when the person who dies leaves behind a will or if the deceased dies without a will, or “intestate.”
If a will does exit, the court, through probate, will prove the validity of the document and its terms. If, however, the deceased owned his or her assets through a properly drafted and funded living trust, probate will generally not be necessary.
The probate process can be broken into six general steps:
The probate process can be broken into six general steps:
The executor is responsible for initiating probate proceedings and overseeing them to completion. Typically, the decedent names an executor in his or her will. Occasionally, however, the executor is not named, deceased, or otherwise unable to serve in this capacity. In these scenarios, the court must appoint an executor.
The executor has several duties and should expect to exert considerable effort in fulfilling his or her task. The role of executor is complicated. You must first actually initiate the probate proceedings. You are then required to notify all interested parties, which includes those named in the will as well as those who may have a right to inherit had the will not existed. Your task is next to see the probate process through completion, including verifying the will and paying all debts and taxes. Given the demands of the executor, it is wise for an executor to consult with a knowledgeable probate attorney to ensure you comply with all probate laws.