Understanding and Avoiding Probate LawThe goal of estate planning should be to avoid the cost and time associated with probate. Typically, probate is necessary to administer and distribute the assets and debts of an estate. Ensuring your estate is organized by the time of your death can minimize the likelihood of financial and legal difficulties for your surviving family members. In cases where outstanding loan or credit card debt is involved, a creditor may attempt to assign themselves as the executor of your estate. Alternatively, if you leave bank accounts or investments unaccounted for, family members may enter into legal action in an attempt to lay claim to these assets. Creating an estate plan can help your heirs avoid contentious legal battles during and after probate. If you have questions about probate law, contact Donna J. Jackson, Attorney at Law, P.C. at 405-840-1874. She represents families in probate in the counties of Oklahoma, Cleveland, and Canadian. Probate Law: This is the legal process required to settle your estate. This means the inventory and valuation of estate assets, notifying and dealing with creditors, paying taxes, and distributing estate property to rightful beneficiaries. Probate becomes costly and challenging to a family when a party challenges the estate or actions relating to its creation or administration. Some examples of common issues you may face during probate are:
Lawyer Donna J. Jackson strives to avoid the expense of probate by drafting and creating thorough estate plans. Drafting wills can prevent later confusion about your intentions.Appointing executors, administrators, and trustee ensures your wishes will be conveyed after your death. Call attorney Donna J. Jackson at (405)840-1874 to schedule an appointment to discuss your probate law concerns. Submit your questions and information to us by completing the attached contact us form. |