ESTATE PLANNING and PROBATE
Our Firm has experience in:
WHAT IS PROBATE?
Simply put, probate is a legal process that takes place after someone dies to settle their final affairs and transfer their property either to their beneficiaries as their last will and testament directs (referred to as a "testate" estate) or to their heirs at law as state law directs (referred to as and "intestate estate). It involves the following basic items:
While the steps in both a testate and an intestate estate are similar, the form of the process is a little different. Typically the attorney will prepare the following documents:
The individual circumstances of the proceeding will dictate the amount of time required, but it can be a very lengthy proceeding.
Their are alternatives to probate, including, with proper estate planning, the avoidance of probate. Our firm can help you choose between the alternatives after considering your situation. We utilize a variety of estate planning techniques including wills, which direct how you want your estate distributed upon your death; trusts (both revocable and irrevocable) which holds your assets for the safekeeping of you and your loved ones; joint tenancies, which transfers title to your property "by operation of law" upon your death; life estates, which gives you the present interest in your property and leaves a remainder interest as you direct; transfers on death; scheduled gifting; and others. We also believe that a complete estate plan includes a durable power of attorney and a healthcare directive, so that others can make important decisions about your property and your health if you can't.
30 29th Street, Gulfport, MS 39507, United States