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Monthly Archives: January 2025

Probate13

The Worst Beneficiaries for Non-Probate Assets

By Laurie R. Chane |

In general, the duties of the personal representative of the estate of a deceased person increase proportionally with the value of the estate.  The estate will settle quickly if the decedent owned little property, even if the heirs do not get along with each other.  By contrast, probate will take longer if the decedent… Read More »

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Debts

What Happens If a Deceased Person’s Estate Has Credit Card Debt?

By Laurie R. Chane |

It is an honor when family members trust you enough to choose you to be personal representative of their estate, but no one ever said that shepherding an estate through probate was an easy task.  If the decedent was wealthy, the heirs will criticize you about every decision, accusing you of being irresponsible with… Read More »

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Will12

Pour Over Wills

By Laurie R. Chane |

If your only experience with wills comes from the entertainment media and from tabloid news, you might reasonably believe that your only options are to divide your estate among your family members or to show your ungrateful relatives who is boss by leaving your property to a charity that is meaningful to you but… Read More »

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