There are times when the family may elect not to open an Estate. For example, if all of the Decedent’s assets are titled in joint names with right of survivorship. And, where the value of the Estate does not exceed $50,000, the rules provide for a less formal probate process.
There are also instances when a creditor may decide to compel the appointment of a Personal Representative in order to obtain the Estate’s assets. If you have any question about whether or not to open an Estate, you should consult with an attorney as soon as possible.