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Attorney Jorge L. Gonzalez

Executors: Advice on Handling Bills and Debt During Probate

On Behalf of | Jan 20, 2020 | probate attorney

Losing someone can be difficult, challenging times, and if you have become the executioner for their will, handling probate can sometimes be overwhelming.  At the Law Offices of Jorge L. Gonzalez P.A., our probate attorney has helped many executioners handle bills, mortgages, and other forms of debt after death. Don’t let these things overwhelm you, seek help from a professional, and that’s why we’re here to give you some tips on how to handle one’s probate. We are located in Hialeah, FL.

Where to Begin?

The first step as executioner is securing the deceased’s assets. This includes things like house keys, storage keys, collecting other valuables, credit cards, checkbooks, and other similar things. Once you have everything in order, you’ll need to determine the deceased’s intent in regards to funeral arrangements and organ donation. You’ll also be in charge of giving notice in the form of an obituary, as well as provide notice to the deceased’s accounts, such as their bank accounts and other places that would hold personal assets. This is everything you’ll have to take care of before the funeral, but it’s only the beginning. You’ll still need to handle their probate and any debt associated with it.

Debt After Death and After the Funeral

Once the funeral is over, you’ll need to oversee things like payments and and other finances. This begins with the will and overseeing any life insurance payments to the affiliated beneficiaries. Depending on the person, you may also need to handle other things, such as:

  • Utility Bills
  • Mortgages
  • Home Insurance
  • Car Insurance
  • Car Payments
  • Real Estate Taxes

These expenses will need to be paid off using the deceased’s funds, and if not handled, then their remaining property could be lost or damaged as a result. The beneficiaries could also decide whether or not they want to keep any of the property associated. For example, if they don’t wish to keep the house of the recently deceased, then you could be tasked with selling the home. If there aren’t enough funds left in the deceased’s assets, then you have an insolvent estate. You can, in this case, speak with a probate attorney on how to manage the funds, as they’ll provide for you a priority list. If you pay a low-priority creditor, they might hold you accountable for amounts you shouldn’t be paying out of your own pocket.

Contact Us for a Probate Attorney

If you’ve found yourself as the executioner of someone’s estate and assets, and you need assistance around Hialeah, FL, then the Law Offices of Jorge L. Gonzalez P.A. can help. We understand that handling all these assets for someone’s will can be an intimidating and challenging task, which is why you shouldn’t have to handle their debt after death alone. This is especially true if the remaining assets cannot pay for the debt associated with the deceased, and helping you handle these funds is our number 1 priority. For more information on how we can help, or to seek the assistance of an attorney around Hialeah, then contact us today.