If you’ve recently been widowed or have lost a parent, “getting legal and estate affairs in order” isn’t likely at the top of your to-do list. Yet, it’s an essential step that must be completed. Fortunately, our Richmond County lawyer can help you secure extra time for legal proceedings to delay certain types of financial obligations during this time of mourning and shock.
Delaying Financial Obligations and Taxes After Death
A “Years Support Proceeding” is an advanced estate process where a minor child or widow can request to have a specific year set aside to delay certain financial obligations such as those to unsecured creditors or related to property tax. This particular request must be filed within two years of the death of your parent or spouse, and carefully curated so that it frees you from particular debts during a specific window of time.
Should your family require probate or estate case hearings, this additional timeframe can be extremely beneficial. Once things begin to settle down after your loved one’s death, you are left with ample time to arrange things such as:
- Paying off any outstanding debts
- Distributing personal belongings or property as dictated by a will
- Appraisal and sale of assets to pay off debts or distribute among heirs
- Finalize any litigation needs
…Not to mention provide extra time for self-care of you or your child.
Our Augusta law firm has over 40 years of experience handling probate litigations, estate-related legal matters, and other legal assistance following the passing of a family member. Contact us today for a private and confidential consultation with Fred M. Kennedy to learn how we can assist you and your loved ones.
Posted on behalf of Fred M. Kennedy, P.C.