317-426-9334             445 N. Pennsylvania St., Indianapolis, IN   46204

What is Probate?

 

For so many people, the word probate carries with it heavy associations, stress, paperwork,  lengthy  court  proceedings,  things  people  would  rather  avoid, especially if they are also dealing with the loss of a loved one.  However, dealing with probate in a timely way can save you hassles, headaches, and money down  the  road.  Indiana  probate  lawyer  Barbara  J.  Baird  helps  clients  move through the probate process in a seamless way, making sure that no detail is left unscrutinized and achieving it with an aggressive action plan.  She assists her  clients  in  making  sure  that  everything  is  done  correctly,  avoiding  any consequences that may cost you money and more heartache.

 

What Is Probate?

Probate  is  the  court-supervised  process  of  gathering  a  deceased  person’s assets  and  distributing  them  to  creditors  and  inheritors.  Executors  and administrators in probate estates are fully responsible for the identification and notification of known creditors so that these creditors have an opportunity to file a claim. Upon notification of the estate proceeding, a creditor has about three months to file a claim. But if the executor does not take care to identify all of the creditors and give them the required written notice of their right to file a claim,they may not be barred by the 3-month time limit. This is why it is so important for creditors to be identified and notified within the time parameters set by the probate court, and why it is crucial to work with an attorney who can help you avoid such consequences.

 

All claims against a probate estate, except for government claims, are ended if not filed within nine months from date of death. Once the creditor claims period has passed, the law protects the estate from future liability for those past claims.  It  is  also  important  for  an  executor/personal  representative  to  wait  until  the creditor claims period has expired to pay the pre-death debts of the decedent. A personal  representative  can  be  held  personally  liable  for  claims  that  are improperly or prematurely paid, and a beneficiary or heir later objects. Working closely with a knowledgeable probate attorney like Barbara Baird is necessary to avoid these pitfalls.  Probate can be a complicated process, but it doesn’t have to be.  You can benefit from the experience of Barbara J. Baird.

 

 

 

 

© Copyright 2018 Barbara J. Baird   •  Advertising Material

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Barbara J. Baird Attorney at Law

445 N. Pennsylvania St

Indianapolis, IN   46204

317-426-9334

© Copyright 2018 Barbara J. Baird  |  advertising material

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