An Estate Attorney in Libertyville is an attorney who, over time and through continued education, understands how to handle the estate affairs of a deceased person. This includes division of property between the beneficiaries and other such services. Their job is to work as a representative of the deceased through the probate period. They make sure that the deceased person’s wishes are executed as if they were there themselves. They can also be hired to advise the beneficiary on how to handle the estates and any other assets they receive.
When working as a representative the Estate Attorney in Libertyville will do the following:
* They will locate and secure both probate and non probate assets.
* They give advice on how to handle the decedent’s final bills and payment of any debts he or she may have left behind.
* They will also be responsible for settling any disputes among personal representatives and beneficiaries.
* They help with preparing and filing all documents required by probate courts on time and to the finest professional standards.
You will also need to hire one of these lawyers for estate planning and other such activities. They will be able to advise you on how you should begin, acting as a representative throughout the entire process. This may include wills. It is important you leave a will, as it will make things easier for those who are left behind. The will should state whom you are leaving certain items to and how you would like anything else to be handled.
They can also handle trusts and work as trust administrations. The trust administrator will deal with the trust tax returns, management of trusts, and asset protection. This means the assets are properly managed, and they are not stolen by those looking to take advantage of a stressful situation.
Since the Estate Attorney in Libertyville will be working as a representative for a person who is no longer able to handle the situation on his own, it is important to advise those planning the estate to pick one that is trustworthy. They should have a great history and at least 7 years of experience.
You may want to have a personal representative handle the issues, as this is a legal process and they will know how to manage anything that arises.
