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Does an estate have to place an ad in the newspaper to notify creditors of the death in South Carolina if the person was a legal resident of Florida when there are no asset other than a 401K?
Wiki User
∙ 13y ago
The estate has to notify all known creditors. If they suspect there are other creditors in the state, they should attempt to find them. Not to do so may cause problems later on.
Wiki User
∙ 13y ago
In South Carolina, if there are no assets in the deceased person's estate other than a 401K and the person was a legal resident of Florida at the time of death, it may not be necessary to place an ad in the newspaper to notify creditors. However, it is advisable to consult with an attorney familiar with the laws of both South Carolina and Florida to ensure all necessary steps are taken to handle the estate appropriately.
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