We cannot predict when we die, let alone control the conditions surrounding our death. This fact can cause worry for people with multiple properties in different states, whether because of work, family or other similar reasons. This worry stems from the uncertainty of...
Debt does not transfer to another person, even after your death. But your estate will take on your debts. Because the assets in your estate belong to you, creditors can go after them to recoup their money. Your personal representative must notify creditors of the...
Estate planning is not only to describe how to pass your assets to your loved ones, but it can also explain how you want to deal with your debt. When you die, your debts do not necessarily die with you. In fact, creditors may seek payment for your outstanding amounts...
Friends may have told you about the ordeal of going through probate court to secure their inheritance. You know that you do not own a lot in money or property, so there seems to be no reason why your estate should also take a long time to pass through probate....