How to Settle an Estate Find the will, if any. … File the will with the local probate court. … Notify agencies and business of the death. … Inventory assets and get appraisals. [...]
Here are kinds of assets that don’t need to go through probate: Retirement accounts—IRAs or 401(k)s, for example—for which a beneficiary was named. Life insurance proceeds (unless the [...]
An estate includes everything that a person owns or controls – from physical possessions to financial accounts. … Businesses and business interests are also considered part of a [...]