“Probate” is the often heard term for the court-supervised process of administering a decedent’s estate, either by the terms of a will or the laws of intestacy. If a person dies "intestate" it simply means there is no will, therefore the law dictates how and to whom the estate is distributed.
Many people hear horror stories about languishing probates that take years to finalize and frustrated beneficiaries waiting anxiously for their inheritance. The Law Office of Ann E. O’Hara is committed to expediting the process of appointment, inventory of assets, sale of real and personal property, managing creditors claims, accounting of assets, and obtaining a final decree of distribution.
If you are a beneficiary or creditor of an estate that is not being timely administered, or if you are named as Executor in a decedent’s will, call today to discuss how the Law Office of Ann E. O’Hara can protect and preserve the estate for an expeditious distribution.
"Trust Administration" refers to the process by which a Trustee manages the assets held in trust, either for the sole benefit of the person or people who created the trust or for the benefit of the beneficiaries when the trust becomes irrevocable. A Trustee is legally bound to follow the specific terms of the particular trust he or she is administering.
A trust document is often complex and rarely includes procedural requirements mandated by law. It is a Trustee’s duty to seek advice from professionals, including attorneys, to navigate the proper course of action and make sure the terms of the trust are being followed.