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Generally, a decedent's estate goes through succession or probate in Louisiana if the estate is worth $125,000 or more, regardless of whether the decedent died with a will (testate) or without a will (intestate). The value of the estate is different from the value of the decedent's assets.
To obtain the document, you need a copy of the will and the death certificate, which are then filed with the probate court along with whatever letters testamentary forms the court requires as part of your application.
The time frame for probate can vary greatly depending on the size and complexity of the estate. However, most estates are settled within six to nine months.
If you have a properly drafted will, your wishes will be stated as to who your probate assets should go to. This can be a complicated process at an already difficult time, and it is wise to seek legal counsel from a knowledgeable, Louisiana probate attorney.
The Estate Settlement Timeline: There is no specific deadline for this in Louisiana law, but it is generally best to do so within a month to ensure a smooth start to the probate process. Inventorying the Estate: Once the will has been submitted, the executor must compile a thorough inventory of the deceased's assets.
The person acting as the executor of the estate must petition the court to request the letter of testamentary. After they file the necessary documents, the probate court checks them to ensure compliance and authenticate the will.
While you don't need to hire a lawyer to go through probate in Louisiana, the process of probate can get complicated. Having a trusted attorney who knows Louisiana law might make a dramatic difference during a difficult process.
Many probates will cost a minimum of $5,000. There are some probate fees that most estates will need to pay. These can include some or all of the following: Various filing fees and court costs.