Dealing with the loss of a family member or loved one is the most difficult thing in the world. You are already going through all kinds of emotions and tension. Adding more responsibilities and stress to this situation is not something anybody would want. However, if you’ve been named executor by the deceased, you won’t have a choice in the matter. Handling the probation of an estate is not an easy task. It is of course possible to handle probate in Oklahoma without a lawyer. And it can save you lots of money initially. However, probate is a long, confusing, and complex process that requires your time, availability, and knowledge of the law. The laws, requirements, documentation, proceedings, etc. differ from state to state. However, having a qualified and experienced Tulsa probate attorney can help you get through the process smoothly and quickly in Oklahoma.
Here are a few reasons why you should avoid DIY in this case and simply hire a probate attorney.
Helpful Insights and Knowledge
Handling the probate of an estate requires time, patience, commitment, and knowledge of the law. The Oklahoma probate laws or laws in any state can become overwhelming and stressful very quickly. You will need the expertise and insights of a probate attorney to sort matters and deal with the problems that arise. Their experience and knowledge can help you deal with challenges and meet the deadlines.
Expedite the Probate Process
As we have said before, probate is a very lengthy and complex process. There is a lot to do like filing petitions, submitting documents, managing debts, life insurance payouts, etc. Most of these tasks take a lot of time and are sometimes omitted by mistake or missed deadlines. A probate attorney with experience in probating would know the importance of timely processing and might have resources that can help you expedite the process.
Handle Complicated Tax Situations
Probate and execution of estate involves dealing with income tax issues, dealing with estate taxes and inheritance taxes. It’s more complex than it sounds and mistake means delaying the process even more. You will need an experienced and professional probate lawyer to handle all these complicated tax situations and save you as much money as possible.
Avoid Family Conflict and Defend Challenges
Without a probate lawyer, many family members may want to be a part of the probate process leading to conflict and confusion. Hiring a probate lawyer resolves this issue and prevents it from affecting families. Probate litigation and will challenges are also common issues. As an executor, your job is to defend the estate from challenges from creditors, heirs, and beneficiaries alike. Having a probate lawyer to guide you through these issues certainly helps.
Deal with Debts and Avoid Overpaying
If your estate has pending debts, dealing with them can be a hassle. You need to know whether you can pay them off with the estate or not. You will also need to know which assets to liquidate or not. A probate lawyer’s expertise can help you resolve these matters much more smoothly and avoid the risk of overpaying by mistake.
Avoid Mistakes and Errors
If you haven’t been an executor before, handling this can be very overwhelming. A single error in the probate of an estate can cost the beneficiaries and heirs a significant amount of time and money. Plus, as an executor, you can be held responsible for the mistakes or losses. An experienced probate attorney would know the court systems and laws and can be very helpful.
While it may seem like an easy task to do yourself, probating is one of the most difficult processes you will handle in your life. No matter what your situation is, a probate attorney can provide answers and guide you through the process.