Probate administration is a complex area. The property an individual leaves behind when he passes away is known as his estate. The process of collection and distribution of the assets of a deceased person in accordance with directives in a will or otherwise is referred to as probate administration, a court-supervised process.
There are some assets that a deceased person may leave that aren’t included in the probate estate and are distributed separately, such as the proceeds of a life insurance policy. If the deceased did not leave a will, distribution of the assets will be according to the directives provided in Oklahoma state law. Also, some states, including Oklahoma, have a special shorter procedure in place for administrating small estates without probate.
Typically, an individual is appointed to serve as personal representative of the estate to collect the assets and distribute them according to the will if there is one. The personal representative is entitled to receive some compensation for his or her services. He or she must file reports with the court and his or her actions are subject to a high level of scrutiny.
When we represent you, you can expect to receive legal assistance in connection with the following matters:
If you have any questions about probate administration, feel free to contact Meyers Law Firm, PLLC at 580-215-4209 or contact us online. Mr. Meyers is always available to answer your questions.