Скачать или смотреть What Happens After an Estate is Finalized? Probate, Distribution, and Closure

Once an estate plan is finalized, what comes next? In this video, we walk through the process of wrapping up an estate, ensuring all debts are paid, assets are distributed, and legal requirements are met. Whether an estate goes through probate or is managed through a trust, there are key steps to follow.

If there’s a will, the probate court validates it, settles outstanding debts, and oversees the distribution of assets. If there isn’t a will, state laws determine how the estate is divided. The executor or trustee is responsible for final accounting, paying taxes, and ensuring all obligations are met before distributing the remaining assets. Once everything is settled, the estate is officially closed, and beneficiaries receive their shares.

Finalizing an estate is a crucial step in honoring a loved one’s wishes and bringing closure to those involved. If you have questions about estate planning, probate, or trust administration, we’re here to help.

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