Wills and Estate Administration Lawyer
Losing a loved one is never easy, and dealing with the legal complexities of their estate can add to the burden. Navigating probate, inventorying assets and ensuring fair distribution according to the will requires careful attention and a knowledgeable guide.
As an established Knoxville estate administration lawyer and founder of Scott B. Hahn Attorney at Law with over 35 years of legal experience, I provide compassionate and efficient legal support during this difficult time. I understand the challenges families face after the death of a loved one, and I am dedicated to making the estate administration process as smooth as possible. I handle every aspect of estate administration, allowing you to focus on healing and remembering.
What Is Estate Administration?
Estate administration is the process of managing and settling a deceased person’s estate. This includes:
- Probate: The legal process of validating a will and appointing an executor.
- Asset inventory: Identifying and valuing all assets and property.
- Debt settlement: Paying off outstanding debts and taxes.
- Distribution of assets: Distributing the remaining assets to beneficiaries according to the will or state law.
I guide clients through every stage of estate administration, from probate and asset inventory to debt settlement and the final distribution of assets. My goal is to simplify this complex process for families and ensure their loved one’s legacy is handled with care and respect.
The Executor’s Role: Guiding An Estate Through Probate
Serving as the executor of an estate is a significant responsibility. It involves managing the deceased person’s affairs and ensuring their final wishes are carried out. Here’s a brief overview of the executor’s key duties:
Managing Assets
The executor must identify, inventory and safeguard all estate assets. This includes real estate, bank accounts, investments, personal property and more. They are responsible for protecting these assets from loss or damage during the probate process.
Paying Debts And Taxes
The executor must pay all valid debts the deceased owes, including mortgages, credit card bills and medical expenses. They are also responsible for filing the necessary tax returns for the estate and paying any estate taxes due.
Distributing Inheritances
Once debts and taxes are settled, the executor distributes the remaining assets to the beneficiaries according to the terms of the will or state law if there is no will. This includes ensuring that each beneficiary receives their rightful inheritance.
Court Supervision
Throughout the process, the executor acts under the probate court’s supervision. They must keep accurate records, provide regular accountings to the court and obtain court approval for certain actions.
Being an executor can be a complex and time-consuming task. If you have been named an executor, it’s essential to understand your duties and seek legal guidance when needed.
Why Choose Me As Your Estate Administration Lawyer?
I am responsive to client calls and have extensive experience in estate administration. I strive to work closely with families, guiding them through each step of the process and ensuring their loved one’s wishes are honored. I am committed to providing personalized attention and clear communication, making a complex legal process more manageable.
Need Help With Wills and Estate Administration In Fountain City – North Knoxville?
I am located in Knoxville, and I offer consultations by appointment. Contact me today at 865-433-6798 or visit my online contact page to schedule a consultation and discuss your estate administration needs.