A probate attorney is a professional who has been trained to help people handle a deceased person’s estate. They are also known as estate litigators, trust litigators and probate litigators. There are several signs that indicate you will need to hire a probate attorney in Moline, IL.
The Will Has Been Contested
The will outlines the deceased person’s wishes. However, things can get complicated if someone contests the will. This can put you at risk for losing the property that your loved one designated for you to have. That is why it is a good idea to hire a probate attorney.
Split Assets
Split assets can also complicate things. You will be able to avoid a lot of arguments and headaches in the future. Your attorney will make sure that all of the assets are divided up in a manner that is fair for everyone.
The Deceased Person Was in Debt
Contrary to popular belief, debt doesn’t go away after a person dies. The estate can be used to pay off one’s debt. Your lawyer can ensure that everything is paid off.
Taxes are Owed on the Estate
In most cases, people don’t have to pay taxes on their estate. However, if the estate is worth more than $1 million, then you may have to pay taxes. It is not easy to handle estate taxes, so you will need to hire an attorney.
If you’re not sure to how to handle the estate of a deceased loved one, you can always hire a probate attorney in Moline, IL, to assist you.
