With or without a Last Will and Testament, an estate will need to go through probate in Maryland if it exceeds a value of $50,000. It is important to note that only assets that are solely held in the decedent’s name will go through probate, and that assets in a trust or trusts will be protected from probate. As such, the value of the estate should be calculated based off assets or property solely owned by the decedent.
Probate is a process wherein assets are gathered, creditors and estate taxes are paid, and remaining property is distributed in accordance with a will (or, if there is no will, under the State of Maryland’s laws of intestacy). Probate can be complex, and it happens at a time when a family is already grieving the loss of a loved one. Having a competent Prince George’s County probate lawyer to protect your interests and guide you through can make all the difference.
Call Francois Legal Group, LLC at (301) 358-0377 today to find out how we can help you through probate.
Our Probate Services
At Francois Legal Group, LLC, we provide experienced probate and related services to clients across Prince George’s County, from our Upper Marlboro offices. This includes:
- Trust administration
- Estate administration
- Probate litigation
- Will contests
- Probate proceedings
With our professionals on your side, you can experience peace of mind in knowing that your role as personal representative is protected, that you as an heir have a representative of your own, and that your loved one’s assets and wishes are preserved. You can even find out if probate can be avoided, or at the very least can experience a faster and less stressful probate process.