Estate administration can take months or even more than a year. The more property and debts someone had and the more complicated their financial circumstances were, the longer it can take to settle everything after they die. Spending a lot of your time and mental...
If You Can Live In It, We Can Help!
Year: 2021
What if there aren’t enough assets in an estate to pay off debts?
As an executor, your primary obligation is to resolve all of the outstanding obligations of someone who has recently died. You may need to probate their property, have utility accounts moved into the estate's name and pay taxes on behalf of the deceased. If they have...