Summary
Probate is the legal process for distributing a deceased persons estate. In Ohio, if theres no will, assets go to the closest relatives under intestate succession laws. After getting court approval for inventory and appraisal, you must account for all receipts and proposed distributions. Submit this to the court for review. Once approved, you can distribute the estate to beneficiaries. Keep detailed records of all transactions to avoid disputes. For specific guidance, contact Montgomery County Probate Court in Dayton, Ohio.Full Conversation
Probate ?
Hello Marie, I'd be happy to provide some general information on probate. However, probate laws can vary by location. Could you please tell me where you are located so I can give you the most relevant information?
Dayton ohio
Hello Marie, here are some basics about probate in Ohio:
*. Probate is the legal process through which a deceased person's estate is properly distributed to heirs and designated beneficiaries.
*. If there's a valid will, probate isn't always necessary.
*. Probate court oversees the process.
For detailed information, contact Montgomery County Probate Court in Dayton, Ohio.
No will
I understand that there's no will. In Ohio, when a person dies without a will, their assets go to the closest relatives under state "intestate succession" laws. Are you a relative of the deceased?
I have already gone through the courts and got administrative duties. I am now at the part of the paperwork. Where’s the fries account?
Hello Marie. I believe you're referring to a "frozen account". If the deceased person had bank accounts, they are usually frozen until an executor or administrator is appointed. You may need to contact the bank directly for access.
No im sorry. I’ve got the approval for inventory and appraisal. From the court
Great! Now that you have court approval, you should be able to present the inventory and appraisal to the Probate Court. Be sure to include all assets and their respective appraised values. Any questions about the process can be directed to the Montgomery County Probate Court.
I have completed that step now I’m at the second step where I have to account for and show all receipts to. I’m just not sure when I’m supposed to pay. Do I get approved first and then pay the beneficiaries
In Ohio probate process:
- You first account for and show all receipts to the court.
- Court will review and approve your accounting.
- After approval, you can distribute the estate to beneficiaries.
Remember to keep detailed records of all transactions.
I can’t see the final line on my phone after it says approved. You can distribute the estate to beneficiaries.
The final line is: Remember to keep detailed records of all transactions. This helps if any disputes arise later involving the estate's distribution.
so if I’m understand correctly, I have the papers that say fiduciaries account I fill that out and show all my receipts and where I believe the money needs to be distributed to
Yes, you've understood correctly. Fill out the fiduciary's account, include all receipts, and indicate the proposed distribution of funds. Submit this to the court for review and approval. After court approval, you can distribute the estate to beneficiaries.
Again I can’t read that last night line after it says submit this to the court for a review
The last line is: After court approval, you can distribute the estate to beneficiaries.
Thank you
You're welcome, Marie! If you have more questions or need further information, feel free to ask. Good luck with your probate process!