Probate & Trust Administration - Waters Tyler Hofmann & Scott, LLC

When someone dies, there is a legal process that needs to be implemented. This process is either an administration or a probate. If the person died without any estate planning or planned with a Last Will, that person’s estate goes through the State’s probate process. If the person died with a trust in place, the trust will need to be administered.

Trust Administration
When someone passes away, there is a certain process that needs to be followed. When that person planned their estate with a revocable living trust, that process is called trust administration. Simply put, trust administration starts with gathering of the assets, then the assets are valued, proper notices are given, accountings are created, and then the distributions, in accordance with the terms of the trust, are completed. Though it reads “simply put”, not every administration is simple. Having an experienced attorney helping you along the way ensures that there are no missteps and there is a reduction in the tensions between family members.Even if we did not write the trust, we can help you with the trust administration.

Uncontested Probate
Probate, or probate court, is the State’s system to transfer assets from a dead person to living people. Whether you have a last will or have no plan at all, when you pass away, you are sending your family through the court system. Like with most things, probate is not always a bad thing, and in fact, at times it is needed or just really simple. But overall, the probate process introduces a level of risk – risk of “something” going wrong that can take more time or consume more money.
And the biggest risk when you are in probate is that someone contests the proceedings. Unfortunately, Waters, Tyler, Hofmann & Scott does not handle contested matters.
However, if you are looking for advice and guidance to navigate through theprobate process, we can help you with that.

Our mission at Waters, Tyler, Hofmann & Scott, LLC, is to provide quality legal services for our clients in Indiana and Kentucky.

Our objective is to employ state-of-the-art technology in conjunction with a highly-informed staff of lawyers, paralegals and legal secretaries to provide clients maximum economy and efficiency while insisting on the highest standards of confidentiality and professionalism.

CALL 812-949-1114