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5 Mistakes Heirs of an Estate Often Make

So, you're the Executor, heir or a beneficiary of a recently deceased loved one's estate?  If so, here's an article that I came across that does a nice job of laying out some of the common mistakes that can be made by folks about to come into an inheritance.  Take a look.

https://money.usnews.com/money/personal-finance/articles/2014/07/15/5-inheritance-mistakes-for-heirs-to-avoid

From my experience, I would say that the biggest mistake we see over and over again is when the Executor and the family fail to seek out and obtain competent legal advice before jumping into the probate process.  Hand in hand with that mistake is the one where distribution of the estate assets gets made prior to all of the decedent's debts, administrative expenses and taxes being resolved. 

American Wills & Estates is a locally founded, owned and operated law firm that has been guiding clients in Pittsburgh and throughout Western Pennsylvania through the probate estate administration process with competency, compassion and care for over 25 years.  So, if you've recently lost a loved one and have questions about what comes next, give us a call today at (412) 381-7370 to schedule your free legal consultation or visit our law firm online.  You'll be glad you did.

 

Pittsburgh Probate Estate Administration and Estate Planning Lawyers