Probate/Estate Administration
Probate
If you have a will in Wyoming, and you own real estate, or over $150,000 worth of total property, your heirs will not be able to obtain legal title to your property without a probate. Probate is the process the courts use when there is a will, to supervise the transfer of assets from the person who has died to the new owners. It can be a complicated, stressful and time-consuming process, sometimes lasting for years.
In addition, your entire probate file is a public record. Anyone can go to the court house and look at your probate file, and determine the names and addresses of your heirs, a description and the value of your property, and the approximate time it will be distributed.
It is also very costly. Your heirs will have to pay 2% of the gross value of your assets to an attorney to handle the probate, and another 2% to the personal representative of your estate. In addition, all of your assets will have to be appraised, which makes it even more costly. To ensure your loved ones receive their inheritance as quickly and easily as possible, you may want to avoid probate. Lisa can show you techniques and strategies to help you do just that.
Estate and Trust Administration
If your case does go to probate, Lisa can shepherd your beneficiaries through the process as quickly, compassionately and effectively as possible.
If your family has a living trust, if it was prepared and maintained properly, you will not be faced with a probate. However, you may still need some guidance and assistance with administering and distributing the trust property.
Lisa has years of experience handling wills and administering trusts. She has an LL.M. (masters) in tax. She is licensed to practice in Colorado, Arizona and Wyoming. Her personal experiences during the dispute over her grandmother’s estate give her a unique perspective on the potential emotional and financial hardships often associated with probate and estate administration in general.
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