Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.

Probate court is a specialized type of court that deals with the property and debts of a person who has died. The primary function of probate court is to ensure that a decedent's estate is distributed ...

Creating a will is the first step toward responsible estate planning. However, you must also choose an executor, the person who will carry out your will's instructions. Choosing the wrong executor ...