Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.
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"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"
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Elmhurst, IL 60126
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In this article, our Elmhurst probate attorneys explain the probate process. Probate is a court proceeding that often occurs when an individual passes away. The purpose of a probate proceeding is for the court to give an executor the power to collect the assets of the deceased person (called "the decedent") and distribute the assets to creditors of the decedent and to the decedents heirs. The executor is required to give certain notices to creditors and heirs and report to the court regarding the affairs of the estate within particular deadlines. The court will oversee the distribution of the estate and resolve any disputes between heirs and creditors.
In this article, our Elmhurst probate lawyers explain when probate is necessary in Illinois. In Illinois probate is necessary whenever any of the following situations exist:
If any of the above situations are the case, then in order for family member to take control of the decedent's assets and distribute them to the decedent's heirs, he or she will have to file a probate case, be named executor of the estate by the court, and receive Letters of Office. Letters of Office are an order from the court that give the executor authority to administer the estate. Financial institutions will need to see the Letters of Office before allowing the executor to do anything with the assets of the deceased.
In this article, our Elmhurst probate attorneys sits down to discuss the top 5 benefits of hiring a probate attorney. Our attorneys will prevent personal liability for your actions as executor, complete the process quickly, save time for the executor, minimize the potential for disputes, and will minimize the stress on your family.