Factors That Determine the Probate Length in Las Vegas

A study in 2019 found that individuals who were 72 years or older were more likely to have a will. Working with an estate planning lawyer in Las Vegas is one way to ensure that a person’s affairs are in order before they pass. Often, the probate length is shorter when all signatures are valid and no paperwork is missing from the final will.

Here are some factors that determine the length of probate.

Consider the Size of the Estate

The larger the estate, the more time it takes to verify all the corresponding documents. Plus, the lawyers and officials involved need time to go through all of the estate’s components so they can notify everyone named in the will. Large estates are complicated because they have legal and tax implications for the heirs. So, everything has to be sorted through with a fine-tooth comb.

Debt Can Determine Probate Length

If a person leaves behind debt, the assets of the estate are used to pay it off first. Then, the heirs receive their share based on what is left. The more debt, the longer the probate process may take. The correct agencies have to be contacted. Plus, settlements have to be reached and accounts must be reconciled. If there are any disputes, the process has to wait until a resolution is reached.

It Depends on the Number of Heirs

When there are several heirs, the probate process may take longer because there is always the possibility that at least one is going to object to the instructions of the will. If there are only a few heirs, the probate process may move more quickly. When there are more people with a high stake, it is a good idea to exercise patience.