Here's How A Probate Lawyer Can Help You Execute Your Loved One's Will
Dealing with the loss of a loved one is hard enough without having to face the stress of executing their will. However, someone has to do the job, and if your loved one appointed you as their executor then you likely want to do all you can to make sure that you don't let them down. Here is how a probate lawyer can help you execute your loved one's will and make the process less stressful on you overall:
Life Insurance Assistance
One important aspect of executing your loved one's will that a probate lawyer can help you with is life insurance. Not only will your lawyer help ensure that any life insurance proceeds that are owed to your loved one's estate is collected, they'll also take the reigns and manage the insurance funds to make sure that the funds are allocated as was intended by your loved one. You won't have to worry about dealing with disgruntled family members or sparring siblings over insurance payouts – just refer all questions, concerns, and gripes to your lawyer and stay out of the family drama.
Document Prep and Filing
There will likely be several documents that need to be prepared and filed while executing your loved one's will and estate. If one or more homes need to be sold so the proceeds can be paid out among multiple family members, your lawyer can take care of all the paperwork for you. If there are medical documents that need to be prepared and sent to the insurance company, your lawyer can do all of the legwork. The management of estate sales receipts and write-offs will also be taken care of for you if you're working with an experienced probate lawyer.
Bill and Debt Settlement
Most people still have debt to take care of when they pass away, especially if their death is unexpected. If your loved one leaves you with a bunch of debt to settle with creditors and business associates, you'll appreciate having a probate lawyer to help you through the process. Your lawyer won't just ensure payment of all the bills that your loved one leaves behind, but they'll take time to negotiate with the creditors to bring your loved one's debt down so you may only have to pay out a fraction of the original debt that your loved one left behind. This can help put more money into the pockets of your loved one's heirs.
Schedule a consultation appointment with your local probate lawyer to learn more about their services and how they can help you effectively execute your loved one's will.