Estate Probate Preparation
DO I NEED TO OPEN AN ESTATE WITH THE PROBATE COURT?
No Will, No Assets:
No probate is required.
Will, No Assets:
Small Estate
Did not own any real property, and
Owned personal property (boat, car, mobile home, jewelry, furniture.) with a total fair market value of less than $25,000.
Regular Estate
Decedent owned real property (home, rental property, commercial property, undeveloped land) of any value, or Decedent owned personal property (boat, car, mobile home, jewelry, furniture.) with a total fair market value of $25,000 or more.
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