Probate is the process of a court transferring the assets from the name of the decedent to the name of that decedent's intended beneficiaries if there is a will, or to the names of the decedent's heirs at law if there is no will. This process also involves addressing any creditors claims, litigation against the estate, or challenges to estate planning documents.
At Postic & Bates, our probate lawyers represent people in Oklahoma who have been named personal representative of a deceased person's estate. We also represent beneficiaries who are concerned with the way a personal representative is managing or distributing the estate and want to be sure their interests are protected. Our probate lawyers handle everything from:
- Taking an inventory of the assets, handling creditor claims, paying applicable taxes, and distributing the net assets of the estate to beneficiaries.
- Monitoring the probate process for the benefit of the heirs and, if necessary, getting involved in will contests or other disputes to protect those heirs.
- Our lawyers also defend personal representatives in will contests.
An uncontested probate in Oklahoma typically costs from $4,000 to $5,000. If contested, probate could be much more expensive. The probate process usually takes four months to a year. If the beneficiaries contest the will or the administration of the estate, it can take much longer. At Postic & Bates, we offer a free, no-obligation consultation to help you determine if probate is necessary.
Our attorneys can also help you eliminate the need for your heirs to go through the probate process by including a trust in your estate plan, instead of a will. For more information about estate planning with trusts, download our free Estate Planning Guide.