Estate Planning & Administration

Without a will, your loved ones will have not only the grief of dealing with the loss of your life but now dividing up the assets will create even more grief and stress during such a difficult time. What will happen when you don’t have a will is you are given the power of appointment. This is when a representative will now try the best to allocate the assign the remainder of your estate and personal belongings.

This eliminates your right to choose how this is handled. If you have no will, you don’t have the ability to pass on family heirlooms to who you would want to, or divide up the inheritance as you would wish. Without this simple step with the help of Witt and Associates you are leaving this to the courts.

There are a wide variety of benefits when you choose to transfer your assets to a trust. These benefits are helpful now, and after your death. It helps to ensure that you and your family are taken care of.

There are other important steps as you grow older is to appoint a living will or a power of attorney. Whatever your choices are we want to guide you on the path to making them happen efficiently. It is our goal to remove as much worry and stress from you and your loved ones as possible. We are here to take care of you.

The role of the probate court is to make sure that a deceased person’s debts are paid and assets are allocated to the correct beneficiaries. The term probate is used to describe the legal process that manages the assets and liabilities left behind by a recently deceased person.

Estate administration refers to the process of collecting and managing the estate, paying any debts and taxes, and distributing the remaining property to the heirs of the estate. The heirs of an estate are determined by will, and if there isn’t a will, by the intestacy (which means dying without a will) laws of each state.