Carefully Navigating The Probate Process
Probate is a court-supervised process that involves distributing the deceased person’s assets. If you have been named the personal representative of a loved one’s estate, you are probably aware that you are taking on many complicated tasks. Your first step should be to hire a skilled lawyer.
At Famulary. Masterful Attorneys, we have the skill, knowledge and focus you need to make the probate process as efficient as possible. Attorney Adam Famulary has strong experience representing clients in all aspects of probate, asset distribution and estate planning. He has a full command of Oregon’s probate law and will work diligently on your behalf.
If you live outside the state of Oregon, we can handle these processes without you having to travel.
Guiding You Step By Step Through Probate
A personal representative has agreed to take on many duties. If a personal representative fails in any of these duties, he or she could be personally liable for any financial losses. For this reason alone, it is critical to work with an attorney. These steps include:
- Notifying creditors
- Identifying and creating an inventory of all estate assets
- Paying all valid estate debts
- Paying all taxes owed by the estate
- Submitting an accounting of the estate
- Distributing assets to beneficiaries
For estates with relatively few assets (currently $75,000 or less of personal property, and $200,000 or less of real property) we can complete what is known as the small estate process.
Our law firm places a high priority on keeping our clients informed about the process. We also understand that many people are justifiably concerned about receiving an inheritance. As such, we do our best to complete the process without any undue delay. Every step we take is with the goal of helping you.