Navigating probate in Missouri can be tricky, especially for families in St. Louis trying to settle an estate smoothly. One misstep – missed deadlines, overlook errors, or DIY shortcuts – can lead to unnecessary fees, lengthy court battles, or even family disputes. Below, we highlight the 4 biggest Probate mistakes families commonly make and how partnering with a seasoned St. Louis private attorney can save you both time and money.

1.Missing Deadlines and Statues of Limitations

Why it matters?

Missouri court enforce strict deadlines for filing the probate petition, filing the inventory of assets, and administering the estate.

• Delay distribution of assets.
• Increase costs due to court penalties.
• Risk creditor claim becoming time barred.

For example: You typically have 30 days from appointment of a personal representative to a file a formal inventory. Failing to do so may require you to show up in court to explain the deficiency.

How to avoid it?

• Calendar key dates as soon as letter test testamentary are issued.
• Consult an attorney to track deadlines automatically.
• Engage a probate professional who understands Missouri’s timeline nuances.

2. Attempting DIY Probate Without Legal Counsel

Why it matters?

Online forms and “Do-It-Yourself” kits might seem cost effective -but they lack the nuance of Missouri Probate Law. DYI probate often leads to:

• Incomplete or incorrect filings.
• Missed exemptions or allowances.
• Greater overall cost when errors must be corrected.

How to avoid it?

• Hire a Probate attorney experience in St. Louis County procedures.
• Review estate plans alongside your probate strategy to ensure consistency.
• Budget for legal fees – they are an investment that prevents costly mistakes.

3. Ignoring Estate Taxes and Liabilities

Why it matters?

Missouri does not have a state-level estate tax, but federal estate taxes and certain local obligations may apply. Additionally, unpaid debts and creditor claim must be resolved before assets distribute. Ignoring these can:

• Trigger IRS audits or penalties.
• Leave beneficiaries liable for leftover debts.
• For asset liquidation at unfavorable prices.

How to avoid it?

• Work with a tax professional to analyze federal thresholds and credits.
• Compile a full inventory of debts and liabilities.
• File timely tax returns and negotiate claims where possible.

4. Failing to Keep Accurate Records and Accounting

Why it matters?

Missouri court require a clear accounting of all estate transactions. Poor record-keeping can:

• Delay final discharge of the personal representative.
• Lead to actions against you as a representative.
• Cause disputes among beneficiaries.

How to avoid it?

• Maintain a dedicated estate bank account separate from personal funds.
• Document every transaction with receipts, invoices, or bank statements.
• Provide periodic accountings as court demand.

Why choose Fritz Law LLC in St. Louis?

At Fritz’s Law, LLC, our dedicated probate attorneys, guides St. Louis families through every step – from initial filings to final distributions- so you can focus on what matters most. We understand local courts, creditors, and tax rules, ensuring a seamless probate process.

• Personalized strategy tailored to your family’s needs.
• Transparent, predictable fee structures.
• Compassionate support during a challenging time.

Ready to protect your family’s inheritance?

Don’t let simple mistakes cost your family thousands. Schedule your consultation with Fritz Law LLC now and navigate probate with confidence.