Probate
Process

Scales of Justice — Plainville, CT — Mastrianni & Seguljic LLC

Probate Courts hold authority over the management and supervision of trusts and estates, dealing with various aspects such as probating wills, administering estates, overseeing testamentary and living trusts, determining ownership of real and personal property, and interpreting the intentions outlined in wills and trusts.

Upon the death of a Connecticut resident, Probate Courts handle the division of assets, typically following the wishes expressed in a will. In the absence of a will, property distribution adheres to Connecticut law. The courts ensure settlement of the deceased person's debts, funeral expenses, and taxes before distributing the remaining assets.

Normally, a family member or friend takes on the responsibility of settling the estate. Estate affairs can be intricate, and seeking advice from a lawyer is highly recommended.

Trusts are frequently utilized to assist those in need of financial support or individuals unable to manage their finances effectively, often established for minors or those with disabilities. Trusts can also serve to safeguard assets from taxation or court oversight. Establishing and managing trusts is a complex process, and it is advisable to seek guidance from an experienced lawyer in this field.

Inventory of Estate Asset Document — Plainville, CT — Mastrianni & Seguljic LLC

Why is it important to have a will?

Having a will enables you to specify the beneficiaries and the distribution of your estate upon your death, ensuring that it aligns with your preferences. Without a will, the state's laws would determine the allocation of your assets if you were to pass away intestate. Wills contribute to the efficient administration of your estate by providing a clear expression of your desires, thereby averting potential costly and time-consuming disputes over asset distribution. Your will is the sole means by which you can designate the person responsible for administering your estate and ensuring it is distributed according to your instructions. Failing to have a will with an appointed executor leaves the court to make this decision, often assigning the role to the first person to request it. For larger estates, a well-thought-out will can assist in minimizing estate taxes. In the case of minor children, a will allows you to appoint a guardian in the event that both you and the other parent pass away, providing crucial guidance for their care.

Share by: