With some exceptions, most vehicles lose value quickly. Therefore, the Clark County probate court does not require permission in advance to sell a vehicle.

Estate taxes only apply to estates over a certain value. There are estate taxes imposed by the Internal Revenue Services at the federal level, and in some states, by a state department of taxation.

Personal property, like jewelry, clothing, furniture, vehicles, and collections, belong to the estate of the deceased person.

It is very common that a family member or friend is living in the deceased’s house for a period of time after the deceased passed away.

The probate case does not stop a foreclosure from going forward.

If a home in a probate case has a mortgage, the payments must still be made, taxes and insurance paid, and other utilities kept current.

You may set aside an estate without administration if the assets total less than $100,000. If the estate includes real estate, the mortgage debt can be subtracted from the value of the estate to calculate the estate value.

Nevada has four types of probate. For estates under $25,000 and that do not include real estate, an Affidavit of Entitlement can be used to transfer estate assets.

In most probate cases, inheritances are not distributed until the end of the case and with court approval.

When a person dies with debt, the debt is limited to the assets in the estate. In other words, the executor and the family do not become responsible for the decedent’s debts.