Wills and Probate
Sound and Practical Advice
Mr. Schultz provides a full range of services, including drafting wills, simple trusts and other estate planning. He will explain the difference between probate and non-probate assets and advise you how best to to ensure these assets go to you loved ones with, or without the need for probate. Whether you are formulating an estate plan or an executor implementing a decedent’s wishes, he can simplify the process and handle any complex aspects of your estate. He will work closely with you to obtain the results you need in a timely manner, with the least stress possible, in a cost effective fashion.
Preparing a valid and effective will
Preparing a will is rather simple; but preparing a valid and effective will takes a bit more work. To be effective, your will must be comprehensive, covering the full range of your property and other possessions, expressing your deepest concerns, and contemplating various contingencies. He works closely with his clients to memorialize their intentions completely, and to ensure that their instructions will be carried out in a timely and efficient manner.
Guidance through every step of the process
Most executors have never probated a will; many are surprised to learn the decedent’s will named them as the responsible party. Mr. Schultz can alleviate your concerns as the nominated executor or personal representative and guide you through the probate process, from start to finish, including:
- Filing the will with the probate court
- Developing the best strategy to expeditiously settle the estate
- Finding and assembling assets
- Paying creditors and claimants
- Collecting amounts owed the estate
- Closing and opening bank accounts
- Transferring assets from the deceased to the estate
- Valuing, managing, preserving and liquidating the estate
- Locating beneficiaries
- Hiring experts, when appropriate
An executor or personal representative can easily make mistakes due to inexperience, stress and pressure from heirs and beneficiaries to make hasty decisions. Mr. Schultz will guide you through every step of the probate process, with reliable, detailed and practical advice, so you can settle the estate as efficiently and quickly as possible.
Management of probate disputes
Even in apparently straightforward estate cases, there are sometimes disputes between disappointed beneficiaries and the will’s executor or personal representative. When representing clients, Mr. Schultz strives for the utmost professionalism in negotiations and in and out of the courtroom. Whether the issue is a will challenge or an accusation of mismanagement of estate assets, he will advocate vigorously on behalf of the executor or personal representative to ensure that the wishes of the decedent, as expressed in their will, have been carried out.
Contact an experienced and knowledgeable probate lawyer
Law Office of Richard M. Schultz, Ltd. provides will and probate court services in Circle Pines and throughout Minnesota. Call me at 763-317-1375 or contact my office online to schedule a consultation.