Losing a loved one is a deeply emotional experience. Unfortunately, dealing with the legal and administrative aspects of a deceased estate can add further stress during an already difficult time. Geldard Sherrington Lawyers, serving clients across the Fraser Coast, are here to provide compassionate and professional guidance through the complexities of deceased estate administration.
A deceased estate encompasses all the assets and liabilities of a person who has passed away. Administering an estate involves a range of tasks, including identifying and valuing assets, paying debts and taxes, and distributing the remaining assets to beneficiaries according to the deceased’s will or, if no will exists, according to the laws of intestacy.
The process can be intricate and often involves legal jargon that can be confusing. That’s where Geldard Sherrington Lawyers can help. We understand the sensitive nature of these matters and offer clear, practical advice to executors, administrators, and beneficiaries.
Key Aspects of Deceased Estate Administration
- Probate: Probate is the legal process of validating a will. The named executor applies to the court for a Grant of Probate, granting legal authority to administer the estate. If there is no will, an administrator must be appointed.
- Identifying and Valuing Assets: This involves locating and valuing all the deceased’s assets, including real estate, bank accounts, shares, vehicles, and personal belongings.
- Paying Debts and Taxes: The executor or administrator is responsible for paying all outstanding debts and taxes owed by the deceased.
- Distributing Assets: Once all debts and taxes have been paid, the remaining assets are distributed to the beneficiaries named in the will or, in the case of intestacy, according to the relevant legislation.
- Dealing with Disputes: Unfortunately, disputes can sometimes arise between beneficiaries. Geldard Sherrington Lawyers can help mediate these disputes and, if necessary, provide representation in court.
Why Seek Legal Assistance?
Administering a deceased estate can be a time-consuming and complex process. Engaging a lawyer can provide several benefits:
- Expert Guidance: We can explain the legal requirements and procedures in plain English, ensuring you understand your rights and responsibilities.
- Reduced Stress: We can handle the administrative burden, allowing you to focus on grieving and supporting your family.
- Minimising Delays: We ensure that we file all necessary paperwork correctly and promptly, preventing unnecessary delays in the administration process.
- Protecting Your Interests: We can represent your interests and ensure that the estate is administered fairly and in accordance with the law.
Geldard Sherrington Lawyers offers tailored deceased estate services on the Fraser Coast, meeting each client’s specific needs. We provide personalised advice and support, guiding you through each unique situation with compassion and professionalism.
If you are dealing with the administration of a deceased estate, contact Geldard Sherrington Lawyers today for a consultation. We’re here to guide you through this challenging time and efficiently handle the estate with care and effectiveness.
Email or call us on 07 4194 5422 to book a consultation. View our entire service range online.