Tracking debts is an essential part of estate work. On Probate and Trust Administration matters, adding debts ensures all outstanding obligations are accounted for during probate. On Estate Planning matters, debts record what the client owes now.
➕ How to Add a Debt
Open the matter, select Estate overview in the Matter panel on the left, and scroll to the Debts section.
Click Add Debt.
Select the debt category (e.g., Credit Card Debt, Mortgage, Taxes Owed, etc.).
Fill in the category-specific fields.
On Probate and Trust Administration matters, enter the Value at Death and Current Value, and set the 706 Schedule if applicable.
On an Estate Planning matter with two clients, choose who owes the debt under Owed by: either client's name, or Both.
Attach a file if you have one.
Click Save to add the debt.
✏️ How to Edit a Debt
Open the matter, select Estate overview in the Matter panel on the left, and scroll to the Debts section.
Click the debt you want to edit.
Update any fields as needed.
Click Save to apply your changes.
✅ Approval Workflow
Debts your client adds or changes in the Client Portal must be reviewed and approved by your firm before they appear in the Estate Overview. See Reviewing Client-Submitted Files, People, Assets, Debts, and Expenses.
💬 Need Help?
Use the chat bubble in the lower-right corner of EstateMin or email [email protected] for support.