Notice to Beneficiaries, Affidavit, and Inventory During Probate

In this Episode, we talk with Arlington County Attorney George about the Notice of Estate that must be given to beneficiaries, and the Affidavit that must be filed with the Probate Office to confirm this has been done, within 30 days after you qualify. We also talk with Loudoun County attorney Jared Tomac about how to prepare the Inventory that must be filed with the Commissioner of Accounts Office within 4 months after you qualify.
The Probate Nation Season 1 Episode 3
Learn more at: probatenation.com

[@benjamininman4874]

George Dodge is the Best! He is super knowledgeable about probate.

[@eclecticdeb4394]

What if no notice is provided to a beneficiary? Example would be sibling of decedent tells the probate court that there are no children (even when they know that there are children) and claim they are only beneficiary.

[@psdaengr911]

This explanation seems to assume an improperly drafted will and/or a large/complex estate without beneficiaries on death of the assets, and/or a state whose legislature hasn't updated and modernized its processes. Often a timely will can be prepared that addresses and eliminates all these complexities except for assets without beneficiaries upon death. The ownership of assets of a person can be organized to reduce the latter.. A bank account or financial instrument without named beneficiaries can be used to satisfy the debts of the estate after being released through a limited probate. If the account is small, under $50,000 in some states, probate is streamlined. it may not require multiple affidavits just to the probate court, and just one notice to each beneficiary after probate.