Why is a Mortgage Not a Debt That the Estate Must Pay?
“How come I still have to pay the mortgage on my parent’s house, that I inherited in probate, when the Last Will states that all debts of the estate are to be paid?” That is a question we get sometimes – and it’s a great question. Why is the mortgage not a debt that the… read more
Read MoreOpening The Estate Account Takes Patience
By: Statewide Probate www.statewideprobate.com A client recently wrote, “….Just opened the estate account. Merciful heavens, childbirth was easier. Such a lengthy detailed process that took over an hour.” Yes, depending on the bank or credit union, and the particular branch, and the experience of the employee opening the account, it can take a while for… read more
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