What has Your Experience Been in Handling Probate Matters?
Attorney Daniel J. Krause has been successfully handling probate matters since opening his firm over 16 years ago. As Wisconsin has its own unique probate laws, Attorney Krause has become very well versed in this area. Additionally he is licensed to practice law in the neighboring state of Minnesota and therefore, is able to assist clients with estates that involve both states.
Probate matters can be simple in some cases, while others are much more complicated. Some probate cases involve will contests, which is where beneficiaries want to prove whether or not a Last Will and Testament is valid. Additionally Attorney Krause has handled cases that involve setting up trusts as part of the probate and monitoring of the probate estate and the trust estate for years after the matter is closed.Who do you Represent in Probate Cases?
In probate matters, Krause Donovan Estate Law Partners, LLC typically represents the Personal Representative (also known as Executor), which is often a family member of the deceased. In other words if there is a will, this would be the person who is nominated as the Personal Representative. We also sometimes represent a beneficiary of the will (not the Personal Representative) who is concerned about the legitimacy of a will or the way that the estate is being handled.
Also, when there is no will, Krause Donovan Estate Law Partners LLC represents the person who either wants to be the administrator of the estate or who wants to be the Personal Representative.What Kind of Assistance do you Provide to Clients Going Through the Probate Process?
Krause Donovan Estate Law Partners, LLC provides various assistance to people going through the probate process, dependant on what their specific needs may be. There are cases where the Personal Representatives are fairly familiar with doing this type of work, such as cases where a trust company has been named as a Personal Representative by the court. In this case, they may just need an attorney to do certain things such as drafting paperwork and making appearances in court.
However, typically Attorney Krause and his associates take on a much more comprehensive role in representing clients. That can include various actions such contacting banks to set up accounts for the estate, ensuring building inspections are done for a sale of property, making certain closings go smoothly, to engaging a real estate agent if needed.
There are cases where Attorney Daniel J. Krause never actually meets the Personal Representative for various reasons. For example, he or she may live out of state. Upon the death of his or her family member, the individual or individuals will contact Krause Donovan Estate Law Partners, LLC to take over the administration of the estate and the family member may just need to sign certain documents and mail them in.
The firm of Krause Donovan Estate Law Partners, LLC provides as much or as little assistance as a Personal Representative needs in order to get the estate open, distributed and closed with the least hassle necessary. They are happy to work with clients who would rather do more of the work themselves so long as there is a trusting and open relationship where attorney and Personal Representative have a close working relationship, sharing all information and work. Because it is so important to account for every penny of an estate’s assets, the attorneys at Krause Donovan would much rather have a closer relationship and closer control on the estates so they can ensure that everything happens in a timely fashion and happens with the proper documentation that the court needs in order to close the matter as soon as possible.What are the Factors That set the Stage for a Probate to Happen?
Once someone who has property dies, that sets the stage for probate. If there is no real estate and all of the property is worth less than $50,000, a probate may be avoided so long as proper procedures are followed.What are the top Misconceptions That People Have About the Probate Process?
Some people believe that a simple estate doesn’t need a probate. However, it is really the size of the estate (over $50,000) that determines whether a probate is needed. A lot of people believe you can avoid probate by simply having a will in place at death. In fact, a will is actually a ticket to probate, because a will is not effective unless it is brought to the probate court and admitted.
For more information on Experience In Handling Probate, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (608) 268-5751 today.