If you’re the beneficiary of an estate, you might be expecting a nice inheritance – but don’t go spending that money quite yet. Before heirs can receive their inheritance, the estate’s creditors must be paid. This typically occurs during the probate process, and it...
Probate is a common process that many estates need to go through, but for anyone who has never encountered it before, it can be confusing. If you’re dealing with probate for the first time, you probably have many basic questions about what probate is and how...
After someone dies, the person’s estate needs to pay off any debts before the remaining assets can be distributed to the heirs. Often, this requires probate, a legal process overseen by a court. The personal representative, also called the executor of the estate, will...