Assertion: probate's asset | /r/HasProperty | collected
Facets:
value: properly
type: MANNER
Source sentences:
text: Once the court issues the order for informal probate, the personal representative files a series of forms that demonstrate that notice has been given to all interested parties about the probate, the decedent's creditors have been paid, and the estate's assets have been collected, appraised, and distributed to the designated heirs.
text: Once the court issues the order for informal probate, the personal representative files a series of forms that demonstrate that notice has been given to all interested parties about the probate, the decedent's creditors have been paid, and the estate's assets have been collected, appraised, and distributed to the designated heirs.
text: Once the court issues the order for informal probate, the personal representative files a series of forms that demonstrate that notice has been given to all interested parties about the probate, the decedent's creditors have been paid, and the estate's assets have been collected, appraised, and distributed to the designated heirs.
text: Once the court issues the order for informal probate, the personal representative files a series of forms that demonstrate that notice has been given to all interested parties about the probate, the decedent's creditors have been paid, and the estate's assets have been collected, appraised, and distributed to the designated heirs.
text: Once all assets are collected and secured, the executor will have a legal obligation to pay any outstanding debts owned by the deceased such as utility bills, mortgage and solicitors fees.
text: Assets are collected, creditors are paid and beneficiaries receive whatever remains.
text: Probate is the legal process in which the assets of a deceased person are collected and inventoried, then distributed to pay creditors' claims against the estate.
text: In states that follow the Uniform Probate Code, the personal representative must sign a "sworn statement," swearing that all assets of the states have been properly collected and acquired, and distributed to the proper heirs and creditors.