Independent Administration of Estates Act (IAEA)

Burbank IAEA Attorney for Probate Law & Estate Planning

When a loved one passes away, there are many legal ramification and probate procedures that must be experienced. The situation is usually simplified if there was a legal will or trust which helps explain the decedent's wishes for his or her estate. A Burbank real estate, probate, wills and trusts attorney may be able to help you with your probate law or estate planning needs.

Shelley Rios, Attorney at Law and her firm are dedicated to helping clients in a variety of probate law, real estate and estate planning cases. She handles cases in Burbank, Glendale, Toluca Lake, Studio City, Valley Village, Sherman Oaks and the Sunland, Tujunga area. From real estate litigation to establishing a living trust, a lawyer at the firm has the knowledge and competence to represent the client and get results.

What Is the Independent Administration of Estates Act?

The Independent Administration of Estates Act (IAEA) is a group of laws that make it possible for a personal representative to carry out, manage or administer a decedent's estate more directly. The representative is either named in a will or trust or chosen by a probate court. He or she can administer the estate with full or limited authority as authorized by the court.

If the representative is granted limited authority, then that individual will receive court supervision and approval for any real estate transactions or loans taken against real property belonging to the decedent. If the court has allowed full authority without supervision, then the representative can administer real estate sales, transfers, take out loans against property, etc. as long as a Notice of Proposed Action is given to beneficiaries, heirs, creditors as applicable, etc. Upon receipt of the notice, these individuals can file an objection to the representative and the probate court if desired.

A Burbank IAEA lawyer can help you with the administration of an estate. Contact an attorney today for an initial consultation regarding this important probate law act.