John P. Fritz Selected As 2023 Super Lawyer Rising Star
Wed 15 Nov, by FritzLaw on Firm News, Probate
St. Louis probate lawyer John P. Fritz has been selected to the 2023 Missouri & Kansas Super Lawyers Rising Stars list, an honor reserved for those lawyers who exhibit excellence in practice. Only 2.5% of attorneys in Missouri & Kansas receive this distinction.
What is Supervised Administration?
Fri 19 May, by FritzLaw on Estate Planning, Probate
Independent administration is generally preferred when administering a probate estate (over $40,000) within one year of the decedent’s death. However, if the heirs won’t consent to independent administration and the Will doesn’t specifically designate it, then the only alternative is to proceed under a supervised administration. Supervised administration means just that; the probate process is supervised by the probate court. The court must approve the actions of the personal representative at each step and he/she …
What is Independent Administration?
Fri 19 May, by FritzLaw on Estate Planning, Probate
If a probate estate in Missouri is over $40,000 and it is within one year of the decedent’s death, there are two ways the estate can be administered: independent administration or supervised administration. The easiest and preferred method is independent (or unsupervised) administration because of reduced court involvement and overall costs. In Missouri, an independent administration allows the personal representative to take action without permission from the court. The personal representative has broad authority to …
What is a Small Estate Affidavit?
Fri 19 May, by FritzLaw on Estate Planning, Probate
Missouri recognizes a modified process to probate an estate where the “entire estate, less liens, debt and encumbrances does not exceed forty thousand dollars.” This process is often referred to as “Small Estate Affidavit” because only an affidavit has to be filed with the court in order to probate the assets. This shortened approach to probate is very different from the longer, more complex process that is required with a larger estate. The purpose behind …