Probate and Estate Administration, Rockville, MD

Rockville Probate Lawyer

Dealing with asset distribution upon a loved one's passing can be an overwhelming task for a grieving family.

At the Law Offices of Michael G. Banks, we take on the burden placed on you and your family members after a death in the family. We guide you through the probate process while you focus on your family's well-being. We provide knowledgeable assistance concerning clients' probate and estate administration needs. Contact us to speak with a Rockville probate lawyer dedicated to making the process as simple as possible.

Probate

When an individual passes away, non-probate assets of the decedent may be transferred by contract. These non-probate assets can include the following:

• Joint and survivorship property
• Payable on death accounts
• Transfer on death property
• Most life insurance and retirement benefits

Probate assets, however, may be transferred through proceedings in Probate Court. Most people own both probate and non-probate assets, all of which generally require some type of documentation to complete the transfer. A knowledgeable probate attorney at our firm can help you to determine the most advantageous manner in which to hold assets.

Estate Administration

Estate administration involves the collection of assets and assembly of information necessary to help make assessments concerning debts paid out, estate taxes, probate fees, and how the distribution of assets is going to be made to heirs and creditors.

Attorney Michael G. Banks can assist you in the appropriate use of estate assets (including liquidating stocks or insurance policies) and setting up an estate bank account. We can assist with real property inventory to ascribe value, and accounting to the Register of Wills. If you are named the administrator of an estate (or if the deceased died intestate, i.e. without a will) or if you are the fiduciary of an estate with an ambiguous will or trust document, we can help.

Mismanaged Estates

In addition, as a Probate Court-appointed successor Personal Representative, we sort out estates that have been mismanaged from the point of view of the court, heirs or other interested parties.

At the Law Offices of Michael G. Banks, a probate attorney will handle your case sensitively and with compassion while resolving your estate administration matters efficiently and effectively. Contact us today.