As you review your will, you may worry about the impact that probate could have on it. Because probate is often lengthy and costly, it can diminish an estate’s value. You may wonder if you can find ways for your assets to avoid it. In some – but not all – cases, they...
When a person passes away, they will most likely have unpaid bills on credit cards or owe money to medical providers. Probate allows for those debts to be paid after the person’s death. Typically, funds or property from the decedent’s estate is used to pay the debt....
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