Attending to debts is one duty of executors during probate
After a loved one dies in Texas, a personal representative or executor typically takes over to ensure that the estate is properly attended to. This individual often sees the estate go through the probate process and has many responsibilities and tasks to carry out. One of those duties may relate to attending to any debts and creditor claims that individuals and entities may pursue against the estate.
Mismanaged estates could lead to probate litigation
The loss of a loved one can take a considerable toll on surviving family. Because the decedent's assets are often all loved ones have left as physical reminders of their family member, holding onto those assets or ensuring that they are properly addressed may help some parties during the grieving process. Unfortunately, some individuals may feel that trustees or personal representatives may not handle the estate correctly, and as a result, probate litigation may prove necessary.
What's an Affidavit of Heirship and why do I need one?
The fact is that the majority of people here in Texas and across the country die without either an adequate will or a will at all. This means that a surviving family member will need to step up and take control of settling the decedent's estate. If you fulfill this role, you will be required to take several steps in order to accomplish that goal.
Probate complications possible if loved one dies intestate
Texas families often have many duties and arrangements to attend to after the death of a loved one. Probate proceedings can encompass many tasks that individuals must handle in order for a deceased family member's estate to close as it is supposed to close. However, whether the decedent created an estate plan could have a considerable impact on how smoothly those proceedings go.
Donald Fagen involved in probate litigation with Becker's estate
When a person dies, their worldly affairs are often far from over. Many individuals still have issues relating to their estates that need attending to before those affairs can be closed. In some cases, this process can take longer than others, especially if probate litigation takes place. This type of issue is not uncommon, as individuals may feel the need to take legal action for various reasons.
