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aug-25

A Guide to Creditors and Probate

August 25, 2022

By avoiding probate through legal methods, you can save taxes, keep your estate out of public view, and avoid needing court approval every step of the way. It can save you time, frustration, and in many cases, significant attorney and court fees. Your personal representative sometimes referred to as an executor, must formally notify all your creditors of your death. This action is one of the first steps in the probate process. Often this is as simple as placing a notice of death in a local newspaper(s) to which creditors respond and file a timely claim to the probate court for estate payment of the said claim.

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jul-28

What Is the Step-By-Step Process of Probate?

July 28, 2022

An estate is probated when a deceased person’s will is authenticated, their assets are inspected, their debts are paid, their taxes are paid, and their remaining assets are distributed to their beneficiaries. After an asset-holder dies, the court will appoint a valid will’s executor to administer the probate process. In the absence of a will, the court will appoint a state administrator to handle probate. Probate law varies by state, but there are steps in the process that are common.

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Problems with Probate Court: How to Avoid It

June 23, 2022

Many people have been advised to “avoid probate.” But just because people may have heard that term, doesn’t mean they know exactly what probate means, why it can be a problem, or how to successfully avoid it. In this post, we will take a look at the term probate to understand exactly what it means, and what the process includes.

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