The COVID-19 pandemic changed everything globally, but also within our own personal lives. With the fear of severe illness or sudden death from an invisible and mutating virus, it caused many folks to start reevaluating their estate planning strategies. As a law firm that has had decades of combined experience in estate planning matters, such as drafting wills, setting up revocable trusts, negotiating prenuptial agreements, and creating financial and healthcare powers of attorney, our staff at Kondori & Moorad has been extremely active in assisting individuals, both young and old, in securing their assets for their desired beneficiaries. By putting together the proper estate planning strategy, it will allow you to not only have trusted individuals in place to make decisions on your behalf if something happens to you while you are alive, but it will also help your assets bypass and avoid the probate court system after you pass, so that your future generations can take advantage of their full inheritance sooner rather than later.
Sometimes, though, there are situations where family members pass away without a will, or they had wills drafted many years ago by attorneys that did not take proper estate planning strategies into account; and as such, the estate of a deceased loved one must go through probate. Our attorneys and legal staff at Kondori & Moorad can assist you through the probate administration process, from properly qualifying as a personal representative, either in the form of an executor or administrator, to guiding you with inventory and accounting requirements set forth by the local Commissioner of Accounts, to wrapping up and closing the estate by satisfying outstanding debts and creditors. When one is handling probate matters, it is typically a very emotional time, with grief still present from saying goodbye to a loved one. That is why it is important to have a law firm by your side that not only understands the emotional nature of the moment, but also one that can hold your hand throughout the legal process of bringing closure to the decedent’s estate.