Some people’s estates are insolvent when they die. This means that the estate owes more in bills and debts than there are assets of the estate. If a person dies with $20,000 in the bank, but owes $50,000 in medical…
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Typically, the estate administration process takes approximately six months to one year. More complicated estates may take longer. The timetable for various tasks is as follows: One month – file the will and have the fiduciary appointed (i.e., the fiduciary…
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The steps of going through probate include the following: File the will with the probate court Send notice of the filing of the will to all persons listed in the will and those who would inherit if there was no…
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