In Cynthiana, Kentucky, probate is the procedure in which a court validates or voids a will.

As part of this procedure, the Cynthiana, Kentucky probate court will decide the validity of the will, inventory the decedent's assets and debts, and then, lastly, distribute the estate according to the will, assuming it is deemed to be valid.

Wills normally name the person who is to serve as executor of the estate. If no executor is named, the Cynthiana, Kentucky court will appoint an executor. This is normally the person who stands to gain the most if the will is found to be legitimate.

The executor is the individual who initiates probate proceedings. The person who stands to inherit the most from the will is normally appointed the executor, because they will have the most incentive to help the process go as quickly as possible, so they can get their inheritance.

Duties of the Executor in Cynthiana, Kentucky

The executor has many duties regarding the will. First, they have to really initiate the probate proceedings, which must be finalized before the will is effectuated.

Furthermore, it's the executor's job to notify all affected parties that the person who made the will has died. "Interested parties" are typically people who are named in the will, or who would inherit the estate if the decedent had died without a will.

Because people who stand to inherit from the testator may be scattered around the country, or even the world, contacting them is sometimes challenging. One of the responsibilities of the executor is to gather a list of everyone who is entitled to inherit from the decedent, so attempts to contact them can be made. They further have to account for all the testator's debts and assets.

As the representative of the estate, the executor has to take charge of the probate process, filing the required court papers, and, if necessary, hiring an attorney for guidance. If the estate is large, and the executor stands to inherit a great deal of money once this process is fulfilled, they'll probably find it to be worth the time and expense.

How Can A Cynthiana, Kentucky Lawyer Help?

Because of the intricacies involved in probate, it would be a seasoned idea to consult with and retain a Cynthiana, Kentucky attorney who specializes in probate, especially if you are the executor of an estate.