Willingham & Coté, P.C.
Probate & Trust Administration

 

Probate is a legal procedure where a court oversees the distribution of property of a person who has died.  If you have a trust and it has been properly funded, probate will not be necessary and your loved ones will enjoy the privacy involved.   Probate court is necessary for persons having wills as their estate plan and for persons not having any estate plan.  When there is no will or trust, the person has died intestate.  Probate is a procedure that allows your loved ones to obtain, transfer, sell, or otherwise dispose of your assets.
Trust administration is the trustees’ management of trust property according to the trust document’s terms and for the benefit of the beneficiaries after the creator of the trust has died.  As long as the decedent’s property was transferred into the trust, court proceedings will not be necessary and the distribution of property may be handled in a quick, private manner.