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Probate Process

All articles tagged with #probate process

legalfinancial1 year ago

"O.J. Simpson's Death: Impact on Victims' Families and Legacy"

O.J. Simpson's death may improve the chances of the families of Nicole Brown Simpson and Ron Goldman collecting the $33.5 million judgment awarded to them, as his assets will likely go through the probate process, allowing creditors to seek a piece of the assets. Experts believe that the deceased debtor's estate is more likely to settle debts, but it remains uncertain whether the families will be able to collect, given the unknown extent of Simpson's earnings and assets.

legalfinance1 year ago

"O.J. Simpson's Legacy: The Aftermath for the Goldman and Brown Families"

O.J. Simpson's death has raised questions about the collection of the $33.5 million judgment awarded to the families of Nicole Brown Simpson and Ron Goldman. Simpson's assets will likely go through the probate process, with the families having a stronger claim as secured creditors. However, it remains uncertain what assets Simpson had and whether the families will be able to collect, as transfers made to avoid creditors can be challenged.