{"id":418,"date":"2018-05-07T19:25:30","date_gmt":"2018-05-07T19:25:30","guid":{"rendered":"https:\/\/duneganlaw.com\/?p=418"},"modified":"2018-06-27T02:28:30","modified_gmt":"2018-06-27T02:28:30","slug":"what-are-the-estates-obligations-to-estate-creditors","status":"publish","type":"post","link":"https:\/\/www.duneganlaw.com\/2018\/05\/07\/what-are-the-estates-obligations-to-estate-creditors\/","title":{"rendered":"What Are The Estate\u2019s Obligations To Estate Creditors?"},"content":{"rendered":"<p>One of the primary purposes of probate is to ensure that the decedent\u2019s debts are paid in an orderly fashion. The personal representative must use diligent efforts to give actual notice of the probate proceeding to \u2018known or reasonably ascertainable\u2019 creditors. This gives the creditors an opportunity to file claims in the decedent\u2019s probate estate, if any. Creditors who receive notice of the probate administration generally have three months to file a claim with the clerk of the circuit court. The personal representative, or any other interested persons, may file an objection to the statement of claim. If an objection is filed, the creditor must file a separate independent lawsuit to pursue the claim. A claimant who files a claim in the probate proceeding must be treated fairly as a person interested in the probate estate until the claim has been paid, or until the claim is determined to be invalid.<\/p>\n<p>The legitimate debts of the decedent, specifically including proper claims, taxes and expenses of the administration of the decedent\u2019s probate estate, must be paid before distributions are made to the decedent\u2019s beneficiaries. The court will require the personal representative to file a report to advise of any claims filed in the probate estate, and will not permit the probate estate to be closed unless those claims have been paid or otherwise disposed of.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the primary purposes of probate is to ensure that the decedent\u2019s debts are paid in an orderly fashion. The personal representative must use diligent efforts to give actual notice of the probate proceeding to \u2018known or reasonably ascertainable\u2019 creditors. This gives the creditors an opportunity to file claims in the decedent\u2019s probate estate, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/posts\/418"}],"collection":[{"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/comments?post=418"}],"version-history":[{"count":1,"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/posts\/418\/revisions"}],"predecessor-version":[{"id":419,"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/posts\/418\/revisions\/419"}],"wp:attachment":[{"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/media?parent=418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/categories?post=418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duneganlaw.com\/wp-json\/wp\/v2\/tags?post=418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}