Unlocking Estate Funds: What Expenses Are Covered During Probate?
Unlocking Estate Funds: What Expenses Are Covered During Probate? Understanding Probate and Its Purpose Probate is a legal process that occurs after someone passes away. During probate, the estate is administered, debts are paid off, and assets are distributed according to the will (or state law if no will exists). One of the key aspects […]
Unveiling the Hidden Costs of Probate: What You Need to Know
Unveiling the Hidden Costs of Probate: What You Need to Know Understanding Probate: A Brief Overview Probate is the legal process by which a deceased person’s will is validated and executed. During this process, the decedent’s assets are assessed, debts are paid off, and the remaining estate is distributed to the beneficiaries. While appearing straightforward, […]