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Special Administration | Attorneys Lawyers | Los Angeles Glendale Pasadena Woodland Hills
Special Administrators are usually appointed in situation which require immediate attention or urgencies in estate matter.
WHAT DOES A SPECIAL ADMINISTRATOR DO?
A Special Administrator may have special powers, such as powers to litigate, or to preserve or locate assets of the estate. A Special Administrator with special powers usually does not distribute the assets, but collects them long enough for a general administrator or executor to be appointed. Sometimes, if there is a dispute between two parties in appointing an executor, of if there are competing probate petitions, a special administrator will be appointed to pay the mortgage on the estate property, or to preserve it. If a property is in foreclosure, a Special Administrator may be appointed on short notice to try to stop the foreclosure.
WHAT DOES SPECIAL ADMINISTRATION COST?
A Special Administrator has to apply to the court for fees, and those fees are usually customary hourly rates of the person who is appointed as a special administrator. If the Special Administrator is represented by counsel, his or her attorney also needs to apply to the Court for fees.
HOW LONG DOES SPECIAL ADMINISTRATION LAST?
A Special Administration may last until a general administrator is appointed, or until he or she received general Letters of Administration. This can be as short as a few months, or as long as a few years.
WHAT IS THE BENEFIT OF A SPECIAL ADMINISTRATOR?
A Special Administrator can be beneficial to help bring two parties together to settle probate disputes. Many times, Special Administrators are private professional fiduciaries who will be neutral to the parties. Special Administrators who are attorneys do not require being represented by an attorney, but may be represented by counsel, if needed.
CALL US WHEN YOU NEED SPECIAL ADMINISTRATION SERVICES:
Attorneys at Sirkin Law Group, P.C. can assist you with all aspects of special administration in Los Angeles, Glendale, Pasadena and Woodland Hills. Call 818.340.4479.
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