The Business Mentoring Center
The Business Mentoring Center

Corporate Cranium Mentor Articles

Make Estate Settlement Easier for Loved Ones

By Stacey Edwards Jones | January 28, 2019

There are essentially two avenues the estate settlement process can take: through the probate process (if the decedent had a will, or no will, and the decedent’s probate assets totaled $75,000 or more) or through private trust administration (if the decedent had a revocable living trust). LOCATE THE DOCUMENTS If the decedent left a will, the latest original document, including any codicils, needs to be located. The document typically nominates one person to serve as personal representative of the estate, and that person petitions the court to be appointed and...

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