Legal Question in Wills and Trusts in Washington
Personal property of estate
Does personal property such as the contents in the house
or vehicles sold go into the estate if the estate has creditors or can the monies be split between the people named in the will.
1 Answer from Attorneys
Re: Personal property of estate
Most wills start by saying the PR is empowered to pay debts first, and the money remaing after the debts and taxes (if any) are paid is what goes to the heirs. Creditors get very cranky if they think the PR is distributing assets before paying debts. Personal property, to a lawyer, is anything movable, e.g. not real property. Personal property in an estate might - or might not - include life insurance benifits or a POD bank account. I would strongly caution you to speak with an attorney. Your county Bar Association will give you a referral to a practicioner with experience probating estates who can get a better sense of the facts in your situation and provide you with advice that may be able to help you avoid a contested probate. Best wishes, Powell
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
