It can take a considerable amount of time to settle a person's final affairs after his or her passing. Though probate administration is often a necessary process, it can be complicated by significant assets and by having to pay certain debts and expenses. Fortunately, when the process comes to an end, beneficiaries and heirs can receive their bequests.
Texas readers may be interested in reports indicating that the executor for Carrie Fisher's estate has filed documents showing that the time has come for the final distribution of the late actress's assets. Total appraisal of the estate was reported as being valued at over $6.7 million. The recently-filed documents stated that the debts and expenses associated with the estate administration had been paid and that final steps were ready to take place.
Fisher's remaining assets and future earnings for any performances, images, name publications and other endeavors would transfer to a trust the late actress created. The beneficiary of that trust is Fisher's daughter, Billie Lourd. Fisher and Lourd are both to appear in a Star Wars film set for release later this year. Due to the terms of Fisher's estate plan, Lourd will collect the compensation for her mother's role in the movie.
When probate administration starts coming to a close, surviving loved ones can often feel a sense of relief and closure. Of course, there can be bumps along the way that could make certain cases take more time than others. Still, if Texas residents have concerns about the distribution of an estate or need assistance completing the administration process, consulting with knowledgeable attorneys is a prudent action.