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Notice Creditors Form

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welcome to frank bruno law what is the purpose of probate day three probate serves a few important purposes oftentimes in estate planning we'll uh speak out against probate we'll give strategies and techniques to avoid probate and that certainly makes sense for a variety of reasons that i've explored in other videos but today is day three of you know some of the important purposes of probate before i get to that if you would like to make an appointment to discuss your situation please go to frank bruno law.com so what is another important purpose of probate well it ensures that creditors are paid while protecting the assets of the estate so the estate personal representative in new york it's the executor has to mail a copy of the probate petition to any known creditor so that they can make a claim against the estate but what it does is it also ensures that after a period of time no new creditors can come and make a claim against the estate so at some poi

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