Understanding SBA Loans and Business Debts in an Estate When a business owner dies without a will (intestate), navigating the complexities of their estate, including outstanding loans and debts, can be challenging for surviving family members. This is particularly true when dealing with Small Business Administration (SBA) loans, which often come with unique considerations. Dealing…

Family Home Partition Actions: Protecting Your Interests Facing a forced partition sale of your family home can be stressful, especially when crucial estate documents are missing. This process involves dividing property amongst heirs, sometimes leading to the sale if an agreement cannot be reached. Understanding Your Options If a sibling initiates a partition action, there…

What Happens to Rental Income During Probate? When a property owner passes away, rental income from their real estate becomes part of the estate and must be managed through probate. Understanding how this income is handled is crucial for heirs, executors, and tenants. Who Collects and Manages the Rental Income The executor or personal representative…