Yes, debtors can open an estate with the court and file their debts against it. The estate has to pay all of the debts off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.
No, you cannot open probate solely to collect a debt from an estate. Probate is the legal process by which a deceased person's assets are distributed to beneficiaries and debts are paid. However, if you are owed a debt by the deceased, you can file a claim against their estate during the probate process to receive payment.
These would be valid claims against the estate. It should be a debt that the estate pays. No they are not personally responsible for the debt. One of the primary reasons to open an estate is to resolve such debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
The estate is responsible for all debts. Please consult a probate attorney for specifics on how to open an estate.
Yes, the estate is still responsible for the debt. Debts are one of the primary reasons someone should open an estate. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
The probate process of any will starts by presenting the will to the court and petitioning the court to open the estate. The judge approves the validity of the will. Many people contact and estate lawyer to help with the process.
No. You must be a court appointed fiduciary.
Anyone with an interest in the estate, heirs and those that are debtors of the estate can apply to open an estate.
If there was no will you have no legal standing to request the probate of your ex-husband's estate. If there was a will you cannot file for probate of the estate unless there are certain other circumstances such as: you have the will and are named in the will as an executor or beneficiary, and the will was specifically made to be effective even after a divorce.
If it is to the benefit of the estate, yes. The executor has a responsibility to maximize the estate.
Open an estate with the probate court. Then follow the intestacy laws for your jurisdiction.
They will not do so immediately. They will attempt to collect from the estate. Debts are one of the primary reasons someone should open an estate. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
You open an estate with the probate court. The executor of the estate can issue the deed to those who inherit.
Apply to the probate court. The forms typically have a place where someone can ask to be appointed as executor. Consult a probate attorney in your jurisdiction for specifics.