Administrators and executors of estates do not always have a
thorough understanding of how the process works with real property. This is
particularly the case when one or more heirs stand to receive all or part of
the title to a property not received by all of the heirs. Equitable
distribution may be in question when not all parties receive the same benefits
from an estate. Property evaluations may be required to support an equitable
formula which is fair to all concerned. Properly documenting distributions with
the appropriate evaluations can serve to protect the Administrator or Executor
from criticism or lawsuits. Probate Counseling can serve to reduce the risk to
those responsible for settling estates.
The firm of ELLIOTT® has experience in estates and can
provide Probate Counseling to Administrators or Executors involving estates
anywhere in the United States. Please contact us to learn more about how we can
help.