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Estate Planning

: Wills, Trusts & Estates Prof Blog

Collecting a decedent's debts

By Trusts EstatesProf

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Financially, death is like going bankrupt. The main purpose of estate administration is to collect all of a decedent's probate assets, pay all the debts using the priority order established by state law, and then distribute what's left, if anything,...

Full post as published by Wills, Trusts & Estates Prof Blog on January 17, 2009 (boomark / email).

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