What To Do When The Estate Comes With Debts?

The importance of estate planning is too often realized after the death of a family member. Even in Palm Beach, Florida, there are many cases of heirs getting the surprise of their lives and wishing they had persuaded their loved one to look into proper estate planning before it became too late.

The two main downsides of not doing so are the possibility of a long delay in receiving one’s inheritance or the much worse consequence of inheriting debts. Because of the economic situation in Florida, more and more families are learning the importance of proper estate planning. It’s…