Probate is the process of the court transferring the assets from the name of the decedent to the name of that decedent’s beneficiaries pursuant to the will (if there is a will), or to the names of the decedent’s heirs at law in the event there is no will. The person responsible for the probate process is referred to as an executor, administrator, or personal representative. The typical probate can take several months to a year. For smaller estates, the Oklahoma legislature have developed summary administration probate.
Summary administration probate is a shorter, quicker version of a typical probate. Rather than there being two hearings in front of the Judge, there is only one hearing at the end of the process. Oklahoma summary administration probate usually requires less time, effort, and expense than formal probate administration. A typical summary probate will take about six to eight weeks.
To qualify for summary probate (technically referred to as “summary administration”), the estate must meet one of the following criteria:
- The value of the estate is less than or equal to $200,000.00;
2. The decedent has been deceased for more than five (5) years; or
3. The decedent resided In another jurisdiction at the time of death.
If you have questions regarding summary administration probate procedures in Oklahoma, call our office to speak with one of our experienced probate attorneys. When you need an attorney to handle a probate matter, we have the reputation, experience and knowledge to handle your case. Our attorneys will work with you to develop a comprehensive strategy. At our firm, every client is our most important client and your legal issue will receive the personal attention it deserves.
In addition to probate matters, our attorneys handle a wide range of estate planning matters.