To file probate or not?

G

Guest

Guest
My father passed away earlier this month. The only property he owned with a title is an antique car that's currently in pieces. The estate would be insolvent if I were to file for probate. He appears to have under $5k in debt and a little over $1400 in his bank account. I paid for his cremation out of my own pocket. Is probate necessary?

I realize the car doesn't fall under the exempt property, but it just seems silly to spend the money on a lawyer when it won't benefit my brother and myself at all.

What happens if we don't file? will that car title ever be able to be transferred?

Thanks for your advice.
 
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