George Dodge is the Best! He is super knowledgeable about probate.
@eclecticdeb4394 Жыл бұрын
What if no notice is provided to a beneficiary? Example would be sibling of decedent tells the probate court that there are no children (even when they know that there are children) and claim they are only beneficiary.
@psdaengr911 Жыл бұрын
This explanation seems to assume an improperly drafted will and/or a large/complex estate without beneficiaries on death of the assets, and/or a state whose legislature hasn't updated and modernized its processes. Often a timely will can be prepared that addresses and eliminates all these complexities except for assets without beneficiaries upon death. The ownership of assets of a person can be organized to reduce the latter.. A bank account or financial instrument without named beneficiaries can be used to satisfy the debts of the estate after being released through a limited probate. If the account is small, under $50,000 in some states, probate is streamlined. it may not require multiple affidavits just to the probate court, and just one notice to each beneficiary after probate.