If you’re reading this page, there is a good chance it is because you are named as the “Personal Representative” (sometimes called the executor or executrix) of an estate.
It is the responsibility of the Personal Representative to follow the rules and timelines established in the law for administering an estate. For most people, that means it is prudent to consult with an attorney about the probate process.
Probate Is Not As Bad As You’ve Heard
You have no doubt heard stories about how awful probate is. It seems that everywhere you look, people are telling you to do everything in your power to avoid probate. Financial magazines, newspapers and websites abound, offering a stream of sometimes useful and sometimes absurd ways to try to avoid probate.
The fact is that an Oklahoma probate is not terribly difficult or expensive, in comparison to some states. Probate is best avoided, if possible, but the majority of people have some or all of their assets go through probate.
What Is Probate?
Probate, which comes from a latin word meaning “to prove,” is simply a court supervised process of transferring title. An easy example is real estate. When a person dies, their name stays on the deed. That deed was recorded with the County Clerk and is public record to let the world know who owns the property. To change legal ownership from one individual to another requires that real estate go through probate.
When someone creates a Will, or dies without a Will or Trust, they have chosen for their property to go through probate. How it is divided depends on the terms of the Will. If someone dies without a Will (called dying “intestate”), the state imposes the division method.
There are specific rules and time periods that apply to estate administration and probate. Our office strives to provide service excellence to make this process as easy as possible. We are here to help and guide you.
Contact us, or call (405) 435-9700.