Probate attorney is a person that executes the legal process on which the final debts of the deceased person are settled and the legal property title is passed formally to her or his heirs or beneficiaries.
Experienced probate attorneys in Phoenix ensure that the decedent’s last will and testament is not only valid, but has not been tampered in any form. The probate attorney may also be hired to mediate between the personal representative and the beneficiary should the two not be on good terms with one another.
A probate process is divided into three basic steps:
The inventory, appraisal and collection of the entire assets subject to probate.
Paying the decedent’s estate expenses, taxes and creditor’s bills is another important.
Certain payment order of claims against the estate.
Funeral expenses
Expenses/administration cost
Taxes and debts
The estate property’s formal transfer is based on the intestate succession of the estate laws or the will due to the efficient service of the probate attorney in Phoenix. The accounting or the final settlement is required to the entire dealings of the personal representative on behalf of the estate.
The personal representative has no further duties and then the estate doesn’t exist, once a certain judge approves the final settlement. Certain wills and the other legal documents refer to the personal and real estate property as well as to the skilled probate attorney Phoenix.
Personal property is the specified legal terms referring to anything, which does not belong to the real estate. Real property is referring to the buildings and land owned by the deceased. Most people are very familiar with this term.