
Creditors and Probate
Personal representatives, beware. Do not distribute assets to beneficiaries before the balance of the estate’s taxes and all outstanding debts are completely paid or dismissed by the probate court.
Personal representatives, beware. Do not distribute assets to beneficiaries before the balance of the estate’s taxes and all outstanding debts are completely paid or dismissed by the probate court.
Those starting to think about estate planning sometimes think there is a choice between probate avoidance/cost savings versus achieving effective estate planning goals. Penbay Estate Planning Law Center thinks you can achieve both.