Estate Administration in Kokomo, Indiana

Find the right Estate Administration attorney in Kokomo, IN

"Estate administration" refers to the procedure which must be followed when the estate of a person who has recently died is being distributed, either according to his or her wishes as laid out in a will, or the laws regulating the distribution of the assets of a person who dies without a will.

If the decedent (the person who died) left a will, the process of estate administration in Kokomo Indiana will normally be carried out according to the instructions in the will.

Most often, a will names a person to serve as executor, whose job it is to guarantee that the estate is properly administered.

The executor is commonly the person who will get the most money or property out of the will if it is given effect, because this is the person who will have the greatest incentive to see that the probate process goes as rapidly as possible.

What if The Will Does Not Name an Executor?

If a will in Kokomo, Indiana does not name a person to serve as executor, or the decedent dies without having written a will, the court will assign a person to act as estate administrator.

This is most commonly the person who would inherit most under the will, or under the intestacy scheme of Indiana. Intestacy is when a person dies without having made a will, or if a will turns out to be invalid. The intestacy laws of each state govern how property is distributed in such a situation. In most states, it simply goes to the closest living relative.

When a will is silent as to who should be the executor, any individual who has some direct interest in the result can ask to be named executor by the Kokomo, Indiana court.

Whoever is assigned to serve as executor, it is their job to act as the representative of the estate. Among other jobs, they have to account for the decedent's debts and assets, and inform any beneficiaries who might be unaware of the situation.

Can a Kokomo, Indiana Estate Administration Attorney Help?

If you are the executor of an estate, and don't know how to handle some of the legal and financial intricacies that may arise, an accomplished Kokomo, Indiana lawyer can make this process a great deal easier.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Kokomo

Kokomo is located in Howard County, Indiana. It is Indiana's thirteenth largest city and is home to around 45,500 people.

Some popular sites in Kokomo include Howard County Historical Society, Kokomo Beach, The Sycamore Stump, Old Ben, City of Firsts Automotive Heritage Museum, and Elwood Haynes Museum.

Kokomo's top employers include Chrysler LLC, Delphi Corporation, GM Components Holdings LLC, Haynes International, Holder Mattress, Syndicate Sales, Inc. and Coca-Cola. To support these businesses, Kokomo has many attorneys whose practice can take care of the legal needs of these corporations. Also, for complex legal matters, Kokomo residents can look to nearby Chicago's legal force to deal with legal issues that seem impossible.

Some famous residents include Sylvia Jane Kirby, Jim Ligon, Strother Martin, John O'Banion, Jimmy Rayl, Tavis Smiley, and Marc Pohlman.

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