Estate Administration Attorney in Austin, Texas
What do I need to know about probate and estate administration?
What do I need to know about probate and estate administration?
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00:04
so probate and estate administration
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occurs after an individual dies so
00:10
whenever someone passes away and they
00:13
have assets that need to be
00:14
distributed creditors that need to be
00:16
paid their estate just needs to be
00:18
administered
00:19
they come to us so that we can help them
00:20
throughout that process
00:22
we typically help family members they’re
00:24
usually the people who are appointed as
00:26
executors in the will
00:27
or if someone died without a will the
00:30
first in line of
00:32
succession or eligible people who
00:34
conserve to
00:35
function as the personal representative
00:37
of the estate so what we do is we make
00:39
sure that they’re complying with all of
00:41
the deadlines and the statutory
00:44
filings that are required by courts and
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by texas law
00:47
to make sure that everything is in
00:49
compliance because there are very strict
00:50
and rigid
00:51
paperwork and deadlines different
00:54
aspects that people don’t even think of
00:56
whenever people die
00:57
that have to be addressed and so on the
01:00
probate side that’s what we help with
01:02
probate is part of a state
01:03
administration there’s the court filings
01:05
but then there’s actually paying
01:06
creditors
01:07
making distributions to beneficiaries if
01:10
it’s a
01:11
very high net worth individual and
01:13
there’s a taxable estate
01:14
preparing an estate tax return to the
01:17
irs
01:18
and we just work with the client to make
01:20
sure that everything
01:22
is filed and that everything is going as
01:24
smoothly as possible that we’re
01:25
complying with all the deadlines
01:27
and that beneficiary beneficiaries are
01:29
receiving the estate
01:31
and that there minimize any type of
01:32
liability that they could be exposed to
Austin, TX estates planning & probate attorney Lorenza Cigarroa explains what you need to know about probate and estate administration.
