Understanding Tennessee’s Probate Process
The probate process can be time-consuming and often confusing, especially when you are grieving the loss of a loved one. You may struggle to find the answers to questions such as:
- Did my loved one leave a valid will?
- Does the size and composition of their estate require us to open a probate case?
- Who will act as the executor of the estate?
- How do we evaluate the assets that are part of the estate?
- Who distributes the assets – and to whom do they go?
- If the estate owes taxes or creditors, how are they paid?
At Mark E. Tillery, Attorney at Law in Knoxville, we provide clients experienced legal counsel and assistance on all probate matters. Mr. Tillery can provide guidance at every step of the estate administration process. Our goal is to lift much of the legal burden off your shoulders, so you can focus on spending time with family. We can also provide full probate administration services, relieving you of that burden entirely.
How We Can Help During Probate
The purpose of probate is to have an accurate and orderly payment of the deceased’s debts and disbursement of their assets to the correct beneficiaries. The steps of probate are bound by law and get carried out in the county where the deceased resided. Although the probate process is not explicitly required by state law, the transfer of assets held in the deceased’s name makes probate a necessity for most estates.
Our firm can represent your loved one’s estate and help with:
- Determining if there is a will and if it is considered valid by the probate court
- If no will exists, working to determine the proper distribution of assets and settling of accounts
- Identifying assets that can pass outside probate and be transferred immediately
- Calculating and paying outstanding debts to creditors
- Paying the estate tax and filing tax forms with the proper authorities
If you are wanting to avoid the probate process for the estate of a loved one who is still alive (including your own estate), it is possible to use proactive estate planning to ensure as many assets as possible go directly to the named beneficiaries. Contact our office to learn how to create a smooth transfer of assets and property.