What Happens When Debts Exceed an Estate?
In the probate process, creditors have the legal right to assert claims against the estate. Creditors that file valid claims …
Read MoreDetermination of Debts in Estate Administration
Debts must be paid or settled before the beneficiaries can receive money from the estate. When we say “debts”, we …
Read MoreWhat Is a Common Law Spouse?
South Carolina is one of the few states where you can be legally married without a ceremony or a marriage …
Read MoreWhat Is A Solvent Estate?
When people pass away, they leave behind their assets and property, but they also leave behind their debts. Each situation …
Read MoreInsolvent Estate: Who Gets Paid
A decedent’s estate is considered insolvent if it does not have sufficient assets to pay back the decedent’s creditors. When …
Read MoreWhen Is Probate Required?
After a close family member passes away, your focus should be on your emotional recovery, not on a court case. …
Read MoreWhat Is A Nomination of Guardianship?
When you think of a last will and testament, you might think of leaving your property and assets to your …
Read MoreLocal Estate Planning Lawyer Receives National Recognition
Area peers have named Gregory Parker, the principal attorney at Parker Law LLC, as a Top-Rated Estate & Trust Litigation …
Read MoreUnderstanding the Different Types of Trusts
There are two main types of trusts, revocable and irrevocable. As you might suspect, a revocable trust can be revoked …
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