Perhaps one of the most important tasks you now face is
the disposition of a loved one's estate. Whether or not
the deceased had a will can make a greater difference in
the time and effort involved in the proper disposition.
It is suggested that you obtain legal advice on the array
of different matters such as the disbursement or conversion
of assets, changing of property deeds
and
titles, the disposition of bank accounts, stocks and bonds,
and the disposition of business assets.
If you do not have an attorney, now is a good time to find
one. The best methods of finding an attorney are through
friends and relatives, or by calling your local bar association.
If your loved one had a will, it will need to be probated.
Probate is the legal procedure for the orderly distribution
of estates. In most cases, probating a will is a simple
process. Only in the instances where the will is being contested
or the deceased had numerous holdings will the action be
more complex. There is usually a specific time within which
a will must be probated, so it is important to check carefully.
If there is no will, the estate will be disposed of according
to the provincial laws governing descent and distribution.
Preparation and or review of your own will is also an important
consideration at this time. It is the best way to assure
that your estate is handled according to your desires.