Can the personal representative continue operating the business

Jul 18, 2022 ... A last will and testament, or will, is a legal document that lets a person decide what should happen to their estate after they die. · To get the ... Living Trust before the death will not have to move through probate court – they can simply be distributed by the new Trustee, according to the terms of the ... You'll have to file a request in the county where the deceased person lived at the time of their death. The paperwork will ask for you to be officially ... Jan 2, 2024 ... Probate, also called “estate administration,” is a court process that transfers assets owned by a deceased person to living people. When someone ... Probate is also necessary to complete the decedent's financial affairs after his or her death. Administration of the decedent's estate ensures that the ... The assets of the decedent's estate must be collected and its debts ... Intestate: The estate of a person who dies without a valid will. See RSA 561 ... The Probate Court will determine if a will is legal and can be used to transfer ownership to a new person once the person listed on the title dies. In general, ... When should a Probate be opened? As soon as practical following the person's death. In Nevada, if the total amount of the deceased person's assets. Who can transfer the title? Person or people identified as the inheritor according to Iowa probate law. Person named in a will (or “testate document”). Probate is the process of administering a deceased person's (decedent's) estate. In Virginia, the Circuit Court has jurisdiction over the probate process.