The loss of a loved one can be one of the most difficult situations you’ll ever face. Unfortunately, dealing with the distribution of your loved one’s assets–especially if he or she did not leave behind a will–can add stress to an already emotional time, and going through probate can feel like just another piece of beaurocracy.
Probate Law in Silverdale, WA
Probate administration is the legal process by which assets from a deceased individual are distributed among beneficiaries. Probate is not required for all distribution processes, but is recommended due to its comprehensive nature.
Benefits of going through probate
The probate process is complicated and often comes at a difficult time, and our lawyers will help you decide if probate is the best course of action for you and your family. While it may seem simpler to skip it all together, it is often better in the long run. Going through probate has the benefits of:
- When a probate process is publicly announced, all those who were owed debts by the deceased will have only four months to come forward and collect on them. By skipping probate, outstanding debts remain outstanding for two years.
- Getting a thorough analysis of the full amount of the assets of the deceased.
- Ensuring the will (if one is available) is followed.
Who Needs to Go Through Probate in Washington
Probate isn’t required of everyone in Washington, but it’s important to know whether your estate or your loved one’s estate will require probate. Those who are required to go through probate include:
- Those with over $100,000 in assets
- Those with real property in the state
When someone dies and leaves behind assets and a living spouse, all shared assets go to the spouse unless previously placed in a revocable living trust. The above examples for those who need to go through probate only apply to people who have over $100,000 and/or real property in their own name.
Compassionate, Competent Representation
Probate law is a unique and perplexing field. That’s why it’s important to work with a lawyer who’s ready to handle your case. If you need help from a probate lawyer in Silverdale, WA, call Templeton Horton Weibel & Broughton PLLC.
With an in-depth understanding of the complexities and requirements involved in probate cases, Templeton Horton Weibel & Broughton PLLC offers the qualified legal representation you need while handling your case with the respect and compassion you deserve.