Probate lawyers provide invaluable assistance to executors who are put in charge of overseeing the probate process. An executor of an estate is named in the will of a deceased person (decedent) and is then appointed by the court. The position of executor is one that brings with it many responsibilities, and those who are entrusted to serve as executors need to make sure they understand their obligations and fulfill their fiduciary duty.
One of the best ways to fulfill your duty is to work with a probate lawyer at Mark S. Eghrari & Associates PLLC who can help guide you through the entirety of the probate process. Our legal team will be there to make the process easy so you can manage the decedent’s assets, comply with probate rules and regulations, and facilitate the timely and efficient transfer of wealth to new owners. Give us a call to find out more or read on to find out five key ways that a probate lawyer at our firm can help if you are the executor of an estate.
A Probate Lawyer Helps You Understand Your Obligations
Just because someone has named you as an executor of an estate in a will does not necessarily mean you have to accept this role and have the court officially appoint you as executor. You want to understand what will be involved in fulfilling your role during the probate process before you agree to take on these obligations.
You also want to ensure that you don’t miss deadlines during the probate process or otherwise fail to fulfill your legal obligations. Mark S. Eghrari & Associates PLLC will explain exactly what you have to do so you can decide if you want to be an executor and will help you to understand all of the obligations you need to fulfill during the process.
A Probate Lawyer Helps You to File Court Paperwork
A key part of serving as executor of an estate is filing paperwork with the court. You will need to file the initial papers with the court to get the probate process and may have to submit many other forms and documents during probate. Mark S. Eghrari & Associates PLLC can assist with the successful completion of relevant court forms in compliance with New York laws on the probate process.
A Probate Lawyer Helps You to Comply With Tax Obligations
There are both state and federal estate taxes which could be owed when the deceased person passes away in the state of New York. You need to make certain that you obtain a tax ID, if necessary, and that you file all appropriate paperwork with both state and federal taxing authorities. The estate is responsible for paying the estate taxes that are due, so it is up to you to comply with the requirements for submitting payments on time and in full.
A Probate Lawyer Helps You Manage Assets
During the probate process, you must manage the assets that the decedent left behind as part of his or her estate. A probate lawyer will explain what your obligations are and can help you with the logistics of getting control over the estate assets that you are now in charge of managing.
A Probate Lawyer Helps You Formally Transfer Ownership
When ownership is transferred to new owners of the property, there are steps which must be taken in many cases such as changing deeds and changing titles. Mark S. Eghrari & Associates PLLC will work with you on getting the proper forms and paperwork completed and on making the necessary changes with appropriate institutions and government agencies so that the property which the deceased person left behind can be seamlessly transferred on to heirs or beneficiaries after the property owner’s death.
Getting Help from Probate Lawyers
Probate lawyers at Mark S. Eghrari & Associates PLLC can offer the help that you need to make the probate process go as smoothly as possible. We not only represent executors of an estate but we also provide representation to heirs or beneficiaries and to those interested parties who wish to contest a will because they do not believe it is an accurate reflection of the wishes of the deceased.
To find out more about how our legal team can help you with all parts of the probate process, join us for a free seminar. You can also give us a call at (631) 265-0599 or contact us online to get personalized help and advice with fulfilling your rile in the probate process.