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The Estate Settlement ProcessAg Decision Maker Iowa State Form

The Estate Settlement ProcessAg Decision Maker Iowa State Form

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Instructions and help about partial distribution of estate

welcome to learn about law my name's kevin o Flaherty from O'Flaherty law and today we're gonna explain the probate process in Iowa probate is a court case that is sometimes necessary in order to allow a an executor or an estate administrator to collect the assets of a deceased person and then distribute them to the deceased persons creditors and then any remainder to beneficiaries under will or heirs at law if there is no will a probate case is necessary in Iowa if the deceased individual owned more than $25,000 in their individual name so not in a trust or not in payable on death accounts or owned any real estate outside of a trust or outside of rights of joint survivor joint tenancy with rights of survivorship excuse me if the individual passed away with less than $100,000 in assets then a summary process can be used that's a little bit quicker than a standard probate case the first step in a probate case is to file a probate petition with the court a

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