Let Landon A. Dunn, Attorney At Law Help You With Estate Administration
Estate administration refers to the process of collecting and managing the estate, paying any debts and taxes, and distributing the remaining property to the heirs of the estate.
With over 35 years of experience in Estate Administration, attorney Landon A. Dunn provides expert advice in a compassionate manner.
An allowance of funds and/or personal property received by a widow after her husband’s death to meet her immediate requirements. The amount of the allowance is decided by statute or court and is meant to protect the widow and family of a deceased person from financial hardship during the administration of the deceased’s estate.
Landon A Dunn, Attorney At Law Can Help You Apply For Widows Allowance And Help With Any Aspect Of Estate Administration
Small Estate Administration
If the decedent owned few assets, it may be possible to avoid the probate process. In many states, a “small estate administration” is available. Usually, in order to qualify for a small estate administration, the decedent’s assets must not include real estate and must be worth less than a threshold amount determined by the state. If a small estate administration is applicable, the parties who are entitled to receive the decedent’s assets may collect those assets by way of an “affidavit,” a sworn statement that is filed with the court. Even in a small estate proceeding, though, the decedent’s creditors may need to be paid from the assets before any estate assets are distributed.
Landon A Dunn, Attorney At Law Can Help You With Small Estate Administration And Other Aspects Of Estate Administration.
Full Estate Administration
Whenever a person dies, his or her estate needs to be collected, managed, and distributed. If that person owns real estate, has investments in his/her sole name then a Full Estate Administration will be required. There will be multiple filings with the court as well as gathering the assets of the estate, paying the decedent’s debts, and distributing the assets that remain in the estate. Let Landon Dunn help you with this complex process.
Landon A Dunn, Attorney At Law Can Help You With Full Estate Administration And Other Aspects Of Estate Administration.
Family Settlement Agreements
A Family Settlement Agreement (FSA) is the term used for an agreement reached by all of the heirs as to how an estate should be distributed. Oftentimes, an FSA is used to overcome the effects of a poorly drafted will. In other cases, it is somewhat like a magic wand for resolving probate disputes.