Schnauer & Co (SCO) can provide invaluable assistance with estate administration, ensuring that the process is handled efficiently and in accordance with the law. Our support includes:
- Probate and Letters of Administration: We assist with obtaining probate or letters of administration, ensuring that the legal authority to manage the estate is granted promptly.
- Asset Identification and Valuation: We help identify and value the deceased’s assets, including real estate, bank accounts, investments, and personal property.
- Debt Settlement: We manage the settlement of any outstanding debts and liabilities, ensuring that creditors are paid in accordance with the law.
- Distribution of Assets: We oversee the distribution of assets to beneficiaries as outlined in the will or according to intestacy laws if there is no will.
- Tax Compliance: We provide guidance on tax obligations, including filing final income tax returns and any estate taxes, ensuring compliance with all tax laws.
- Dispute Resolution: If disputes arise among beneficiaries or other parties, we offer effective dispute resolution services to protect the estate’s interests and achieve a fair outcome.
- Ongoing Legal Advice: Our experienced lawyers provide ongoing legal advice throughout the estate administration process, ensuring you understand your responsibilities and options.
- Trust Administration: If the estate includes trusts, we assist with the administration of these trusts, ensuring they are managed in accordance with the trust deed and legal requirements.