Beneficiaries and family members are often surprised at how long probate takes. This may stem from not realizing how much the probate process entails. In some cases, it may also stem from a genuine need to get the assets due to them.
While the length generally depends on the complexity of the estate, the personal representative executing the estate needs to avoid mistakes that extend the process and make their own job harder. Here are two of the biggest errors to avoid:
1. Rushing through the steps
Executing an estate plan requires a thorough and methodical approach. Trying to get through the steps too fast could result in significant errors that end up costing far more time and effort.
Frequently, executors make this mistake because they feel burdened by the job or the time commitment or simply because they feel pressured by family and beneficiaries to finish. It is important to slow down and give each step the necessary attention.
2. Not seeking proper assistance
Sometimes, a personal representative does not need much assistance because the estate is small and the plan is fairly straightforward. In other cases, however, not seeking help could add months or even years to the probate process.
Family members are often eager to help where they can, and their knowledge of the deceased can be invaluable. They can often assist an executor with locating important documents and assets.
There is also a steep learning curve for any personal representative. Seeking experienced legal guidance from someone who already understands each step of the probate process can make an executor’s job much easier and the process more efficient. It can also add legitimacy. People sometimes initiate legal challenges because they don’t think the personal representative is doing their job properly. Knowing there is someone with the necessary legal experience involved can reassure them.
Whether an estate is large or small, a little bit of caution can keep the probate process running smoothly.
