Dealing with the death of a loved one is an emotionally taxing experience. However, on top of the grieving process, many individuals find themselves thrust into the complexities of probate.
Understanding the most common sources of stress during this time is one proactive step executors and other individuals going through probate can take.
Asset distribution
Stress can happen during probate when people first try to distribute assets. Figuring out how to divide things fairly can lead to arguments. If there is no clear plan, family members might fight over who should get what, making things even more stressful.
Bills and taxes
Another headache is dealing with outstanding debts and paying taxes from the estate’s assets. Determining the exact amount owed and managing creditors’ claims can be overwhelming. This is especially true if the estate lacks sufficient money to cover all liabilities.
Court-related issues
Going to court, filling out forms and following strict deadlines can feel overwhelming for the executor and beneficiaries. Mistakes or delays can drag out the process, making it even more stressful.
Family drama
Probate can make family issues worse. Arguments about who gets what, jealousy between family members and old fights coming up again can all add to the stress, even if a person attempts to repair this disconnect. Managing these problems while also grieving can leave a person feeling adrift during this tough time.
Unexpected troubles
Sometimes, complications pop up that no one expects. Fighting over whether the will is real or dealing with vaguely worded instructions can take a mental toll. Dealing with surprises like these can make probate take longer and cause everyone to feel more anxious.
Finding ways to cope can make a chaotic period of probate more manageable. These coping skills may include discussing worries with loved ones or following an exercise plan.
