Oklahoma Probate: Summary Administration in Oklahoma
Fortunately, the Oklahoma legislature has passed a summary administration law with the goal of reducing the time and expense of a regular probate estate. This summary proceeding can be used for distributing real property and oil and gas interests.
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 35 years of experience in probate, summary administration and estate administration.