Probate Lawyer Maryville, TN

Probate is a court procedure that verifies a will or determines the representatives of an estate after someone has passed away. The process of probate ensures that the decedent’s assets are transferred as outlined in their will or by state law if they died intestate, which means that they did not have a valid will when they departed. This process serves as protection to the decadent and their beneficiaries by distributing and handling their assets properly. This safeguards beneficiaries by seeing to that they receive what their loved one would have wanted them to have. However, it is important to keep in mind that if someone passes away without having an estate plan, then they risk their legacy being distributed in a manner that they would not have wanted. As our probate lawyer serving Maryville, TN explains, probate is still a court process overseen by a judge and they will have to follow the laws for intestate when transferring assets. For this reason, many people prefer to have a comprehensive estate plan so that their wishes are followed after they have passed on. If you have questions about this, contact Carpenter & Lewis PLLC as soon as you can.

Probate In Tennessee

Probate can be initiated anytime after someone’s death. The state of Tennessee does not penalize heirs who wait to begin this process. Once an executor submits a petition with the probate court, the court takes over the process from there. The duration of probate will vary based on each case. A probate case that is straightforward and goes uncontested usually finalizes quickly. However, if someone dies intestate or the will is contested by a beneficiary or someone else, the estate could get stuck in this process for months or years. One of the problems with the probate process in the state of Tennessee is that it takes a long time from start to finish. Compared to the national average, probate may take a full year and a half to finally distribute all of the inheritance money and assets to heirs. Delays in this proceeding can cause the process to take even longer. When probate is in effect, heirs are not able to access the funds that their loved one has left for them. A rightful inheritance can be blocked for years by this legal process and become very frustrating. This is why many people seek to establish an official will or estate plan with help from our knowledgeable probate attorney so that their beneficiaries don’t have to undergo the at times prolonged and grueling process of probate. 

Carpenter & Lewis PLLC

The cost of probate in the state of Tennessee will depend on certain factors, such as the complexity of the estate, type of assets within the estate, county or city where the case was filed, the tasks performed during probate, whether there is a will or not, and whether the heirs contested the will. The process can be time consuming and costly, which is why many people prefer to have a legally-binding will or estate plan before they pass away. If you have questions about the probate process or establishing an estate plan, please don’t hesitate to reach out to us at Carpenter & Lewis PLLC. We are ready to assist you. 

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