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Comprehensive Guidance for Settling Estates
After the death of a family member, the process of settling their affairs can feel overwhelming. Whether their assets are to be distributed through a will in probate court or according to the terms of a private trust, the legal responsibilities are significant. The attorneys at Hildebrand Law Firm provide comprehensive guidance on both probate and trust administration, offering clear, efficient, and compassionate counsel to families and fiduciaries in the Milwaukee area.
Understanding the Two Paths of Estate Settlement
While both processes aim to transfer assets to the next generation, they operate very differently. Our firm is adept at navigating both:
- Probate Administration: This is the public, court-supervised process for estates governed by a will (or for those with no will at all). A court-appointed Personal Representative (or executor) is responsible for gathering assets, paying debts, and distributing property under the oversight of the probate court.
- Trust Administration: This is the private process for estates governed by a trust. The Successor Trustee appointed in the trust document takes control of the trust assets and is responsible for managing and distributing them according to the trust's instructions, without routine court involvement.
Our Comprehensive Administration Services
Hildebrand Law Firm provides end-to-end legal support for fiduciaries, whether you have been named a Personal Representative or a Successor Trustee. Our role is to ensure the process is handled correctly and efficiently, minimizing stress and liability. We assist with:
- Interpreting the will or trust document.
- Filing necessary documents with the court (for probate).
- Identifying and gathering all assets.
- Providing legal notice to heirs and beneficiaries.
- Paying the decedent's final debts and taxes.
- Preparing accurate accountings.
- Distributing assets to the rightful beneficiaries.
- Formally closing the estate or terminating the trust.
Why Choose Hildebrand Law Firm?
- Dual Expertise: We have deep experience in both probate court proceedings and the nuances of private trust administration.
- Efficiency: Our knowledge of the law and local procedures allows us to streamline the process, saving time and reducing administrative costs.
- Risk Mitigation: We guide fiduciaries every step of the way, helping them fulfill their legal duties and protecting them from personal liability and potential disputes.
Your Partner in Estate Settlement
Fulfilling the role of a Personal Representative or Trustee is a profound responsibility. Let Hildebrand Law Firm provide the professional legal support you need to honor your loved one's legacy with confidence and integrity.
Contact Us for Probate and Trust Administration Guidance
If you are tasked with settling an estate or trust in Milwaukee, contact Hildebrand Law Firm today to schedule a consultation.
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