Tuesday, February 28, 2023

Cortes Law Firm is Educating Lawton, OK, Families and Businesses About Common Probate Issues

Cortes Law Firm, an Oklahoma City probate and estate planning law firm, is helping Lawton, OK, residents understand the many common issues they can expect to encounter during the probate process.

There are two types of probate in Oklahoma – summary probate and regular probate. The former is applicable when the aggregate value of assets in the estate is less than $200,000. During summary probates, real estate cannot be sold, and the legal heirs are not determined until the last hearing. Regular probates begin with a petition from a loved one who is appointed the Personal Representative or Executor of the Estate. The Comanche County Court will also examine the legitimacy of the will if any, validate that it has jurisdiction over the matter, and make a list of the legal heirs to the estate. Regular probates can take anywhere from 5 to 7 months to complete but it is contingent on whether all the beneficiaries agree to the terms of the will.

The Lawton probate attorney then talks about some ways in which probate proceedings can be delayed by saying, “As heirs lament the loss of a cherished loved one or family member, the discussion surrounding the distribution of the assets can get messy. In my over 23 years of experience doing this, I have noticed that most of the time, it is not even about money. Family members who all feel a certain connection to ancestral heirlooms can bicker over certain indivisible items such as paintings. It can be a difficult time and tensions can erupt between blood relatives, even siblings. My team has learned how to best navigate these situations and can bring our years of wisdom to the table to ensure that things don’t turn sour over the next Thanksgiving dinner.”

Some of the other questions that Steve Cortes usually fields from his clients include what is the best way to avoid probate, what are the consequences of not going through probate, what are the steps involved in the probate process, and what are some common mistakes that people make during probate. The Cortes Law Firm website has an in-depth discussion of all of these commonly asked questions. Readers are urged to visit the website and find out more about the probate process and the law firm itself.

Steve Cortes helps individuals, families, and businesses, both in the private and public sectors, put the right estate plan in place to protect their assets and legacy. Cortes Law Firm’s wide array of legal services includes estate and trust planning, probate administration, wills and trusts, advance health care directives, powers of attorney, pour-over last will, and testament, HIPAA authorization, and real estate in trust. Steve Cortes received his JD from Oklahoma City University Law School in 1999. He also serves as a board member of the non-profit Oklahoma City Rescue Mission and Reaching Our City.

The law firm’s Google Business Profile is full of past clients who graciously thank Steve Cortes and paralegal Jessie Rosson for helping them in their time of need. The law firm, which has a perfect overall 5.0 out of 5.0 rating from over 30 reviews, is praised for its helpful and caring customer service.

One reviewer talks about their experience by saying, “Stephen Cortes welcomed me in his office for our initial consultation with honesty and optimism for what we could achieve with our situation. I had a few other consultations scheduled after his but I knew after our talks, he was the one I wanted to represent our side. It has been very pleasant and humbling to have someone dedicated to the individual needs and our group as a whole during the process. I could not be happier with the service Mr. Cortes provided and the most important thing, availability. Thank you, Stephen, for everything!”

https://youtu.be/Hc-BRf7kmDE

Readers in Oklahoma City and nearby areas can contact Steve Cortes and his law firm at (405) 213-0856 to set up an appointment and get started.



Source: Cortes Law Firm is Educating Lawton, OK, Families and Businesses About Common Probate Issues

Burden off of family #shorts


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Originally published by Cortes Law Firm

Consequence of No Lawton Probate


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Monday, February 27, 2023

Cortes Law Firm Is Helping Families Successfully Complete Probate Proceedings in Lawton, Oklahoma

Oklahoma City attorney Steve Cortes is helping families in Comanche County, Oklahoma, understand and petition for probate after the death of a loved one.

Probate law guides the distribution of wealth, that one has acquired throughout their life, to their legal heirs after their passing. There are several determinations that have to be made including the legitimacy of the last will or pour-over will, the appointing of the estate’s Personal Representative, the identities of who qualifies as a legal heir to the estate, and many more.

The probate process can take a while to complete, usually 4 to 5 months, but only under the watchful eye of an experienced probate attorney such as Steve Cortes. Generally, most families run into roadblocks that draw out the proceedings to anywhere from 5 to 7 months. If there is a dispute between the legal heirs, this time can extend and even take years.

The first step is for someone close to the testator to draft an initial Petition for Probate. The person who files the petition will also be generally appointed as the Personal Representative for the estate or, as they are sometimes called, the Executor. The Comanche County court also has to determine whether they have jurisdiction to hear the matter as the creator of the will must reside or own assets in the county for its ruling to be applicable.

The Lawton probate attorney talks about what clients can expect after the process begins by saying, “Once the court has appointed an Executor, has ascertained the validity of the will, and identified the beneficiaries, there is the issue of giving creditors enough time to file a claim against the estate if any debts have to be paid. All the legal heirs need to be on the same page regarding the parts of the estate that the Personal Representative can sell and a written agreement has to be signed. From the start of the proceedings to the closing of the estate, you may have to prepare for uncertainties. Having a seasoned probate attorney, such as myself, by your side will ensure that you and your family are ready for anything, even last-minute surprises.”

Steve Cortes has over 20 years of experience providing personalized, cost-effective estate planning solutions for individuals, families, and business owners. He received his Doctor of Jurisprudence from the Oklahoma City University School of Law in 1999 and holds active memberships in the Oklahoma Bar Association and Oklahoma County Bar Association. He was also selected to the 2022 SuperLawyers List for his contributions to his clients in and around Oklahoma City. He can assist his clients with estate and trust planning, probate administration, wills, and trusts, advance health care directives, powers of attorney, pour-over, last will, and testament, HIPAA authorization, real estate in trust, and more.

Clients have showered enormous praise on the services offered by Cortes Law Firm on its Google Business Profile where it has a perfect overall 5.0 out of 5.0 rating from over 30 reviews. The reviews cite the firm’s quick and responsive customer service, knowledgeable staff, and dedication to treating their case with dignity and respect following a tremendous loss.

One reviewer says, “Mr. Cortes is a big-hearted, wonderful spirit. His promises are legally delivered. He would take time, listen to my case and if it was not winnable he wouldn't charge me. He is one the most unselfish lawyers I have ever known. May God bless him and his family.” Another client recounts their experience by saying, “Thanks for quickly and efficiently getting our estate plan done. We are leaving town and didn’t have months to wait. Steve Cortes and his paralegal, Sydney, were able to get it done within a week. We feel so much better knowing we have a plan in place before our trip.”

https://youtu.be/F9VYRgkMnLA

Readers can contact the Cortes Law Firm in Oklahoma City at (405) 213-0856 for legal counsel regarding matters of estate planning and probate.



Source: Cortes Law Firm Is Helping Families Successfully Complete Probate Proceedings in Lawton, Oklahoma

your trusted people all working together #shorts


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Originally published by Cortes Law Firm

Thursday, February 23, 2023

Tuesday, February 21, 2023

Pay on Death #shorts


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Originally published by Cortes Law Firm

Cortes Law Firm Explains What Is a Summary Probate in Lawton Oklahoma

Cortes Law Firm, an estate planning law firm based in Oklahoma City, OK, has recently published a guide on what is a summary probate in Lawton, Oklahoma. A summary probate can be used when the total assets are less than $200,000. It offers the advantage of being completed much faster to the regular probate, which typically takes several months to complete. Thus, the summary probate offers a great alternative for when the estate is small, there is no need to sell real estate property, and all of the family members are in agreement throughout the probate process.

To start the summary probate process, all heirs will need to agree in writing to proceed with the summary probate administration with the filing of the initial Petition for Probate. If there is one heir who disagrees, it is not possible for the probate to proceed as a summary administration. If the heirs begin fighting or are unable to agree on some aspects of the probate proceeding, the probate court will frequently require the conversion of the summary probate to a regular probate proceeding.

It is not possible to sell real estate during a summary probate because in this kind of proceeding, the legal heirs are not specified until the last hearing. The transfer of the title requires that all the parties have to agree in writing, and because the probate court doesn’t determine the legal heirs until the end of the probate process, there is no one to legally sign the real estate deed to transfer the title to the new owner. Thus, the summary probate offers benefits for those special cases where there is no real estate to be sold, the heirs are all in agreement, and when the state is small amounting to less than $200,000.

If the summary probate is not possible, the court will usually convert it to a regular probate proceeding and this will typically take several months or even years to complete. For the regular probate, the lawyer will need to first determine if there is a pour-over will, a last will, or if there is no will at all. Next, the lawyer will draft an initial petition for probate and if the client agrees with the wording of the petition, the law firm will fill the petition with the Comanche County Court Clerk. The court will then schedule the hearing of the petition at a future date and the probate lawyers will have to publish a notice of the hearing in the local newspaper and also mail a copy of the Notice of Hearing to all of the involved parties.

At the initial hearing, the court will need to make four determinations, after which the court will designate the petitioner as the personal representative who will be the one to administer the estate of the deceased. Meanwhile, creditors usually have 60 days after the filing of a Notice to Creditors to file a claim against the estate. And the court will need to approve any claim from creditors before any payment can be processed. A general inventory of the assets of the estate will commonly be required and this list will typically include real estate, personal property, mineral interests, and financial accounts. If all of the parts of the regular probate proceeding don’t encounter any problem, this will typically take four to five months to complete, but frequently, the regular probate would be completed within five to seven months.

Launched in 2013 by Attorney Steve Cortes, Cortes Law Firm provides estate planning and probate services for individuals, business owners, and enterprises in Oklahoma City and neighboring areas. Steve Cortes has been providing estate planning services for a broad range of clients for over 22 years.

https://youtu.be/lUlzfRmJ0Bk

Those who are looking for a Lawton probate attorney can check out the Cortes Law Firm website or contact them by phone or email. They are open from 9:00 am to 5:00 pm, from Monday to Friday.



Source: Cortes Law Firm Explains What Is a Summary Probate in Lawton Oklahoma

durable power of attorney #shorts


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Originally published by Cortes Law Firm

Wednesday, February 8, 2023

What does an executor do? #shorts

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