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Does an Executor Need to Do Anything If There Is No Money in an Estate?

  • September 3rd, 2015
Q
My husband is the executor of the will of a recently deceased person.  The decedent had no money or anything of value, and the deed to the house passed through right of survivorship. What do we need to do other than notify the bill companies that the person has died and that there is no money in the estate?
A

Most states require that a will be recorded with the probate court within 30 days of death, but if there is nothing in the estate, there is no penalty for not doing so. In effect, no one cares.

For more about probate, click here.

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For more about other estate planning topics, click here.


Last Modified: 09/03/2015

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