Many people are not aware of the various duties and responsibilities of an estate attorney in Dallas. In this article, we will review five of the most important duties of an estate attorney. By the end of this post, you will have a better understanding of what an estate attorney does and how they can help you.
Help Create a Will
A will is a legally binding document that outlines your wishes for how your property and possessions will be distributed after your death. Creating a will can be a complex process, and it is important to seek the advice of a qualified estate attorney in Dallas, Texas to ensure that your will is properly executed. An estate attorney can help you determine what assets you need to include in your will and can also advise you on how to protect your assets from creditors and predators.
Prepare and File Probate Documents
When a person passes away, their estate must go through the probate process. This process can be complicated, and it is important to have an experienced Dallas estate attorney on your side to help with the paperwork and filing requirements. The estate attorney will also work with the executor of the estate to ensure that all deadlines are met.
Help with Estate Planning
Estate planning is an important process that everyone should go through. Whether you are young or old, single or married, you can benefit from having a well-crafted estate plan in place. An experienced estate attorney in Dallas, Texas can help you create a plan that meets your unique needs and goals. Estate planning can help you ensure that your assets are distributed according to your wishes, and it can also help to protect your loved ones from the financial and legal burden of managing your estate.
Assist in Settling Any Debts
No one likes to think about their mortality, but it is important to be prepared for the worst. Part of that preparation involves making sure that your affairs are in order and that your loved ones will be taken care of. An estate attorney can help you to do just that. They can assist you in creating a will, setting up trusts, and designating beneficiaries. Perhaps most importantly, a Dallas estate attorney can help you to settle any debts that you may have. This is important because, if you die with outstanding debts, your creditors may come after your loved ones for payment. An estate attorney can help to ensure that doesn’t happen.
Represent the Estate in Court
If someone you know has died, you may be named as a personal representative in their will. This means you are responsible for managing the decedent’s estate and ensuring that their final wishes are carried out. It is a big responsibility, and there are many potential pitfalls. One of the biggest risks is litigation. If someone challenges the will or brings a claim against the estate, you will need to defend yourself in court. This is why it is so important to have an experienced attorney in Dallas on your side. A skilled estate attorney will know how to navigate the legal system, build a strong case, and protect your interests in court. Without an attorney, you could be at a serious disadvantage.
Handle Real Estate Ttransactions
An estate lawyer in Dallas, TX, will handle all aspects of the sale or transfer of ownership of real property owned by the estate. They will prepare all necessary documentation and work with escrow companies to ensure that the transaction is completed legally and without any issues. The lawyer will also review the title to the property to make sure there are no outstanding liens or encumbrances that could complicate the sale. In addition, the lawyer will advise the executor on how to best market the property and negotiate with potential buyers to get the best price possible. Once a buyer has been found, the lawyer will assist in closing the deal and ensuring that all paperwork is in order.
If you are looking for an experienced estate attorney in Dallas, look no further than Holmes Firm, PC. Our experienced team can help you with all aspects of estate planning, probate, and real estate transactions. Contact us today to schedule a consultation. We look forward to working with you.