Mr. Sherrer handles a wide array of probate matters, including Summary Administration probate proceedings. These are special proceedings which disposes of estates which have assets subject to probate less than $200K and no fight/disagreement among heirs of the estate.
Summary Administration proceedings are desirable due to their low cost compared to traditional probate and quick turnaround in 60-90 days. Most other probates may be completed in 6-9 months.
If your loved one passed away without a Last Will and Testament Oklahoma law provides for distribution of the estate to the heirs-at-law. If your loved one passed away with a Will, the estate will be distributed as set forth in the Will.
Oklahoma has no Estate Tax. The current Federal Estate Tax exemption is over $12 million dollars, so Estate Taxation is very rare.
Mr. Sherrer’s fees for most probate actions are billed at his normal hourly rate of $250/hr. Court costs, publication fees and miscellaneous costs in most probate actions are typically an additional $350-$500.
People are often confused and frustrated by the probate process – but it doesn’t have to be that way.
To determine if your matter is one in which a Summary Administration proceeding may apply, contact Mr. Sherrer for an appointment. Telephone/Electronic appointments are available.