A personal representative has to make time to attend court hearings as well as locate a will and secure high-value assets. Their obligations can easily last for a year or longer depending on the extent of the estate and the creditor claims that arise. In some cases,...
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Probate
What is a probate asset?
After someone dies, their property may pass to other people. It is common for adults to create estate plans designating specific beneficiaries to inherit their assets. Even if they do not plan ahead, certain family members become their heirs and can inherit their...
What is a probate petition, and who can file one?
Probate petitions are a crucial aspect of navigating the legal waters after the passing of a loved one. A probate petition is a legal document filed with the court to initiate the probate process. Probate is the legal process of administering the estate of a deceased...
What if you can’t find a beneficiary or heir to an estate?
The personal representative of an estate has a lot of responsibilities, and that includes making certain that all the beneficiaries and heirs of the estate are properly notified that probate has begun. Unfortunately, that can be easier said than done. It’s not...
If your parents pass away with debt, do you have to pay it?
When your parents pass away, they name you as the estate administrator. You review their estate planning documents, and you are in charge of the process of distributing their assets. You also inform beneficiaries about their passing, distribute copies of the will and...