Oklahoma Probate: Summary Administration in Oklahoma
The normal probate of a will or the administration of an estate of a person dying without a will can take a long time to complete, especially if the estate is large, there is a will contest or federal estate taxes are involved.
Fortunately, the Oklahoma legislature has passed a summary administration law with the goal of reducing the time and expense of a regular probate estate.
In order to qualify for summary administration, the decedent’s probate estate must meet one of the following criteria:
• The value of the estate is less than or equal to $200,000.00;
• The decedent has been deceased for more than 5 years; or
• The decedent resided in another state at the time of his or her death.
A summary administration requires fewer court appearances, notice to creditors to present claims to the estate is reduced to 30 days and the entire summary administration can often be completed in 6 to 8 weeks. Consequently, attorney fees and costs are typically less than the normal probate of a will or the administration of an estate.
If you have a loved one who has passed away, please call 405-443-5100, 405-943-6650 ext. 324 or fill out the form on the contact page for a free consultation with Kevin to determine if your case meets the requirements for a summary administration in Oklahoma. Kevin has over 30 years of experience in probate, summary administration and estate administration.