A type of security against possession of property until a debt has been paid. This is relevant to executors as any claims against an estate's property would need to be paid when a sale of the property occurs. Liens are typically in place when an owner loses a lawsuit, and the lien incentivizes the owner to pay the judgement. As an executor, a lien could be a red flag that the estate has additional legal proceedings to be considered when settling the estate.
What you need to know
A probate guide written for people who aren’t lawyers
Probate is notoriously confusing. Small estate affidavits, formal vs. simple administration, executors & executrixes— there’s more than enough jargon to make your head spin. We get it, and that’s why we made a probate guide that actually tells you what you need to know without assuming anything. You’ll walk away with a tangible timeline, actionable next steps and real clarity on what probate actually means for you and your family.
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