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?
More In This Category
View Transcript
00:04
probate administration
00:06
only takes place when someone passes
00:08
away and it’s time to transfer the
00:10
assets to their loved ones
00:12
it’s typically done either we have a
00:14
will or we don’t but there’s a probate
00:16
court in every county
00:17
and that court is what authorizes the
00:20
family to transfer assets like a house
00:22
or a bank account and you have to go
00:25
through that probate process in order to
00:26
do so
00:27
if we have a good well-written will it’s
00:30
really not that
00:31
terrible of a process we can usually be
00:33
done in three to six months
00:35
relatively inexpensively if we don’t
00:37
have a good estate plan in place or if
00:39
there’s a problem with the will
00:41
then it gets a lot more complicated we
00:43
have to prove who the heirs are and who
00:45
should be receiving the assets
00:47
and we have to bring in witnesses and
00:50
that process is closer to a year
00:53
sometimes more than that
00:54
if the family’s not getting along and
00:56
can’t agree on who needs to be
00:58
doing it that’s when we start taking
01:00
multiple years
01:01
and and it gets really complicated
01:03
really quickly so
01:05
there’s a lot of different types of
01:06
probates but
01:08
overall just boiled down it’s the
01:10
process of transferring
01:12
assets to your loved ones when somebody passes
Austin, TX estates planning & probate attorney Kyle Robbins explains what you need to know about probate and estate administration.
