Legal Question in Wills and Trusts in Texas
Estate law
How long does an estate need stay open in the State of Texas if all debts/matters have been paid/resolved?
Asked on 3/20/03, 3:11 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Estate law
It can stay opened forever, unless there's a specific need to close it.
If an estate is closed, and sometime later an asset pops up, then the executor/administrator has to move to have the estate reopened. It's usually simpler just to keep it opened, since it costs nothing to do so.
Answered on 3/20/03, 4:05 pm
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