Contact Walk-In Wills today for help with will and trust creation, probate, long-term care planning, and other essential estate planning needs.

Estate Distribution

Before assets can be passed along to heirs, estate distribution must take place to ensure everyone receives their fair share. This process can be exceedingly complex, which means that securing the right legal counsel is crucial to navigate it effectively.

In Chandler, AZ, Walk-In Wills can help clients with estate administration to ensure a streamlined and stress-free process. While our attorneys have the acumen of big-name law firms, we also strive to make the estate planning process as easy to navigate as possible.

What Is Estate Distribution?

Before heirs can receive assets, the estate must be divided into separate portions. Once properly divided, assets can be distributed to heirs according to the directives within a person’s will and other estate planning documents. Proper distribution is crucial to prevent heirs from contesting the will, which can lead to a drawn-out legal process.

What Kind of Assets Are Included in an Estate?

Many types of assets can be included within an estate plan, such as:

  • Real estate
  • Life insurance policies
  • Retirement accounts
  • Vehicles
  • Works of art
  • Bank accounts
  • Investment accounts
  • Stocks
  • Savings accounts
  • Digital assets (such as cryptocurrency)

The handling of these assets is often complex, especially with large estates. That’s why you must secure competent legal counsel to ensure you have the right advice going forward.

Who Should Be Your Executor?

The executor of your will has numerous important responsibilities when it comes to estate distribution, so it’s important to select a qualified person for the job. In this case, your executor should possess the following qualities:

  • Financial responsibility
  • Good organizational skills
  • Great time management ability
  • An impartial nature
  • Ability to handle pressure from heirs

The person must also have the time to devote to the task. Consider that it can take 16 months or longer to work out the details of the estate. In some cases, the process may even take years, typically when it comes to sizable estates.

Contact Us for Help with Estate Distribution

Clients at Walk-In Wills know they can trust our attorneys’ legal guidance, as we offer the benefit of over 20 years of experience. However, you can also look forward to a simplified process, as estate planning shouldn’t be stressful.

Schedule a free consultation at our office today by calling (480) 470-7000. You can also contact us to learn more about our firm and what we can do for you.