Reliable Danica Little Law, PLLC Ballantyne Probate & Estate Law: Danica Little Law, PLLC in Charlotte. We assist clients with estate planning and administration of estates, probate, special needs, succession planning, and business law issues. Estate Administration is challenging because it requires thorough legal knowledge and experience to minimize the risk of costly litigation, such as Will Contests and Trust Disputes. These can be minimized or even eliminated with proper estate planning. Our seasoned Probate and Estate Administration lawyers (including a Board Certified Specialist in Estate Planning and Probate Law) will guide you through the legal processes and help you solve any legal issues involving death benefits from life insurance policies and retirement plans. Property ownership is crucial for probate. Probate is required if you want to change the title to property to someone else who's deceased. Probate is not required for non-probate property. Non-probate assets include death benefits from life insurance policies, retirement plans, accounts payable on death, or accounts transferable on death. The proper funding of a trust precludes probate for assets held in the trust. How long does it take to administer an estate? The average estate administration is less than nine months. The length of time to administer an estate will be determined by its size, complexity, and types of assets. It will take longer to administer a larger estate because you need to file federal estate taxes. Factors that can increase the costs of probate include will contests, disagreements among heirs and co-fiduciaries, creditor problems, poor recordkeeping, missing people, paternity issues, beneficiaries who need guardianship, etc. These factors can also increase the time to administer and probate an estate. The costs of estate administration may involve court filing fees, executor commissions, attorney fees, accountant fees, surety bond fees, appraisals, shipping, storage, and other personal property. Fees and executor fees, if paid from the estate, must be approved by the court.
The reviews indicate substantial satisfaction with Danica Little and her firm's work. Customers appreciated the professional and empathetic approach. Many of them considered the estate planning meticulous and precise, making the executor and trustees feel at ease. People also admitted that all questions and demands were resolved and that the firm was empathetic. The clients were satisfied with the staff's professional attitude and promptness and the creation of a Special Needs Trust in the estate planning package. They recommended Danica Little Law to others because of her professional and empathetic approach, as well as her willingness to work with clients to pick and finish in a short time. The company received a 5-star rating because the staff were very supportive and competent and also responsive to all customers. A significant outstanding professionalism level was that the experience was well detailed and easy to oppose. So all in all, positive and recommended experiences.
