Being the executor of an estate is a major responsibility. For complex estates, it can be all too easy to find yourself in a legal battle. Mistakes made during probate can cause the process to slow to a halt, adding to the trauma and stress of the bereaved. Avoiding common probate pitfalls will ensure that you have a stress-free, smooth probate experience. The probate specialists at Online Probate specialise in helping families deal with matters regarding the death of a loved one. Read the below information to learn how to avoid common probate mistakes.
Pay Close Attention to Probate Forms
If you haven’t correctly filled out the probate forms, you will be heading for problems! Incorrectly completed probate forms can result in unnecessary complications and delays. Make sure that all dates, names, and details are correct. An incorrectly filled out probate form can result in probate being denied by authorities.
Ensure There is a Valid Will
The executor has a responsibility to verify the legality of the Will. In instances where the Will lacks proper signing or witnessing, its validity could be compromised, which can result in the execution of a previous Will instead. Additional factors contributing to potential invalidity include concerns about capacity, undue influence, or changes due to marriage or divorce. It’s worth noting that certain sections of a Will might hold validity even if other parts are contested.
Locate All Beneficiaries
A Will may allocate assets to individuals falling within a specific category (such as heirs, family members, relatives, etc.). Executors in these cases need to do more than just disburse assets to a small number of known individuals. Instead, the Executor is required to meticulously locate and identify all beneficiaries within each category. Failure to do so can result in future court action against you.
Get Expert Assistance
Seeking assistance with the role of an executor for a Will is essential due to the multifaceted responsibilities and legal intricacies involved. Professional guidance can help navigate the complexities of asset distribution, legal compliance, and ensuring the deceased’s wishes are accurately fulfilled, providing peace of mind during a potentially overwhelming process.
Our probate specialists can help you navigate difficult times. Contact Online Probate for professional probate services and administration of estates.
