The death of a loved one is never easy, even if there is a long illness or if the death was not unexpected. While many people have a will, there can still be challenges in dealing with the estate at this challenging time.
Working with an experienced probate attorney will allow your family to deal with the funeral arrangements and their own grieving process. The Tampa attorney will be able to manage the legal aspects of the will, the probate process, giving you the time you need to handle immediate issues.
Do You Need the Help of a Probate Attorney?
Probate is required to transfer assets as outlined in the will and it is handled through the court. Most families will find that working with a probate attorney is beneficial as these legal experts can provide information on financial options and possible benefits or drawbacks to specific choices that will need to be made with regards to the estate.
In some situations, where all property is jointly owned by the deceased and the heir or if the estate is small, there may not be the need to involve an attorney. A top lawyer can quickly review your case and assist you in this decision.
Handling Property Division
It is not uncommon to have a family member or other individual, such as a partner or companion, contest a will. The probate attorney will be able to provide a buffer for the executor in having to deal with this type of conflict.
Additionally, he or she will be able to get clarity through the courts if there are areas of the will that need to be altered or when an heir does not want to assume the ownership of something left to him or her in the will.
Tax Issues
Individuals in Tampa need to be aware of the possible tax implications in large estates. By working with an attorney and a financial planner, it may be possible to minimize inheritance taxes or create options that are financially beneficial.
At Bulluck Law Group we can provide the legal experience and advice to allow our clients to make these decisions at a very difficult time. Talk to our staff to schedule a consultation to discuss your options.