A Chicago-based attorney, Stanley "Stan" B. Stallworth focuses on commercial real estate law practices, especially hotel and franchise management and purchase and sale of properties. With nearly 30 years of professional practice under his belt, his expertise as a lawyer also extends to medical malpractice and personal injury. Stanley Stallworth is also well-versed in probate law and breach of contract.
Probate law involves legal processes where a court reviews a deceased person's will in a bid to determine whether it is authentic or not, as well as to distribute the assets of the testator among the beneficiaries stated within the will. It also involves administering the estate of the deceased in the absence of a will. Probate proceedings are carried out by a probate court.
Generally, these proceedings begin with the court reviewing the will whether it is legal and authentic. The executor of the will - usually a financial advisor - is responsible for filing the will with the court and initiating the probate process. In a situation where a will is not left behind, the assets of the deceased are declared intestate.
In such a scenario, the court legally appoints an administrator who handles the probate process, as well as compiles and distributes the assets among those deemed beneficiaries. The division of these assets is done according to state laws. In the event where there are no legal beneficiaries or heirs, the state claims the deceased's assets in a process called escheatment.
Probate law involves legal processes where a court reviews a deceased person's will in a bid to determine whether it is authentic or not, as well as to distribute the assets of the testator among the beneficiaries stated within the will. It also involves administering the estate of the deceased in the absence of a will. Probate proceedings are carried out by a probate court.
Generally, these proceedings begin with the court reviewing the will whether it is legal and authentic. The executor of the will - usually a financial advisor - is responsible for filing the will with the court and initiating the probate process. In a situation where a will is not left behind, the assets of the deceased are declared intestate.
In such a scenario, the court legally appoints an administrator who handles the probate process, as well as compiles and distributes the assets among those deemed beneficiaries. The division of these assets is done according to state laws. In the event where there are no legal beneficiaries or heirs, the state claims the deceased's assets in a process called escheatment.
