P
Pitstop
Guest
My mother passed away recently leaving a will naming me as executor, $40,000 in credit card debt and her "estate" consists of an auto worth what is owed on it and about $5,000. I want to purchase the car from the estate by paying off the auto loan. Do I have to go thru the expense of probate just to get the title to this auto in my name when there is not estate? Also, I am the beneficiary of a $5,000 life insurance policy she owned...are those proceeds mine or do they have to go into the estate?
[This message has been edited by Pitstop (edited March 05, 2000).]
[This message has been edited by Pitstop (edited March 05, 2000).]