The Probate Process In Ohio
In Ohio, a deceased person’s estate must pass through probate before the executor can carry out the deceased’s wishes, and the heirs can collect their inheritances. Based in the greater Toledo area, Barkan & Robon Ltd. - Attorneys At Law helps clients plan to minimize the impact of probate court on their estates and represents executors throughout the probate process.
How Probate Works In Ohio
In Ohio, the probate process begins with the judge appointing someone to serve as executor, or personal representative, of the estate. If the deceased left a comprehensive estate plan, he or she probably already selected an executor. Otherwise, the court will choose someone for the job.
From there, the court supervises the executor as he or she assembles the deceased’s assets, pays his or her debts and taxes, and distributes the remaining assets to the heirs. This can take weeks or months, and potentially cost the estate significant taxes and administration costs.
Barkan & Robon Ltd. - Attorneys At Law Minimizes Probate
Barkan & Robon Ltd. - Attorneys At Law‘s estate administration attorneys help their clients go through probate as easily and stress-free as possible. One common option is to file for release from the administration requirement. If the value of the estate is modest, it is possible to be approved for an expedited probate proceeding, or even avoid the proceeding entirely.
Another option takes place during the estate planning phase. Under Ohio law, property placed in a revocable trust does not pass through probate — neither does real estate owned in certain forms of joint tenancy, or retirement accounts with a named beneficiary. Careful planning can ensure that the maximum amount of the estate passes to the deceased’s loved ones, friends and favorite causes.
Speak To A Barkan & Robon Ltd. - Attorneys At Law Attorney
To schedule an appointment with a Barkan & Robon Ltd. - Attorneys At Law lawyer, please call 567-302-0763, or email the firm. Barkan & Robon Ltd. - Attorneys At Law has offices in Maumee and Oregon, Ohio, and accepts clients throughout the Toledo area.