Youngwood, Pennsylvania Will & Probate Lawyer
Working with a lawyer is highly beneficial if you need assistance with drafting a will or with sorting out a matter involving probate after the loss of a loved one. These matters are not only emotionally sensitive; they are legal as well. It is crucial that you ensure your interests are protected by working with an experienced legal professional, such as an attorney at Bompiani Law Group LLC. Our firm assists clients with wills and estate matters throughout Youngwood and the surrounding areas in Southwest Pennsylvania, and your initial consultation is free.
About Wills and Estates in Pennsylvania
Generally, wills are a written testament as to how a person wishes his or her assets and property to be distributed after death. The will indicates to whom and in what proportions his property and assets will go to upon his death. With a will, a party insures that their wishes will be complied with after their death. Wills are important due to the fact that in the absence of a valid will, Pennsylvania will make all the provisions as to the division of your property. Contact Bompiani Law Group LLC to have your will drafted today.
Once a person dies, it is important for their estate to be handled properly and quickly. After the funeral the executor should meet with an attorney to begin the process of gathering financial information and probating the will. Probate means to file the will at the county Register of Wills Office, where the Register officially appoints the executor. It is necessary to advertise the estate in the local newspaper and to notify all of the beneficiaries that the will has been filed and the estate administration process has started. Banks and other financial institutions are contacted to obtain the value for all of the deceased's holdings and obligations as of the date of death. If real estate is involved, a realtor or appraiser may be needed to value or sell the property.
It is important that inheritance taxes are paid as soon as all financial information is gathered. The inheritance tax in Pennsylvania is assessed on the net value of all property passing to the beneficiaries. If Bompiani Law Group LLC is handling the estate, we make sure that the appropriate amount of tax is paid, taking into consideration all permissible deductions. All of this information is filed with the Court. The Pennsylvania Department of Revenue reviews this information to determine its correctness. If all is satisfactory, the estate can then be concluded by either a family agreement or a court decree.
Contact a lawyer at Bompiani Law Group LLC today regarding your will or probate matter.
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