When a loved one passes away, his or her estate usually must go through a court-supervised process called probate or estate administration, unless the deceased loved one had a living trust and all assets were funded to the trust (we go over what this means when we talk with you).
Probate administration is the process in which the deceased person’s (decedent) assets are collected, his or her debts are paid, and then the remaining property is distributed to the decedent’s heirs or beneficiaries. The decedent’s “personal representative” is referred to as the executor/executrix if the deceased person had a will, and the administrator if a person died without a valid Will or whose Will did not name an executor.
This legal process can be overwhelming and unfamiliar. We are here to help you during a difficult time and make the process as smooth as possible.
The length of the probate process depends on the size and complexity of the estate, the local rules, and the probate court’s workload. The average probate is typically 6 months to 1 year.
While each probate case is different, the process of administering an estate in Georgia generally involves the following steps:
Remaining assets are distributed to the beneficiaries/heirs and usually a final accounting is prepared and presented to the heirs or beneficiaries for approval prior to distribution.
Probate administration can be complicated and the individuals appointed as personal representatives must have competent and experienced counsel to guide them through this process. They must make important decisions, sometimes quickly, and they need help to make them wisely. They may need to prepare inventories of your property, prepare tax returns, or sign other important documents on your behalf. Ultimately, they will be the individuals to step into action and execute according to your instructions.
As you can see, being a personal representative is a tough job. There can be a lot of stress and pressure placed on the personal representative during probate.