Estate Law Questions? Ask an Estate Lawyer.
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This sounds like an estate you should just walk way from. The creditors have to be paid before any assets are disbursed so unless you have more assets than there are creditors then it is rarely worth pursuing a probate, especially when you add in attorney's fees.
The will being old doesn't matter, since the law provides for that, the real issue is whether there are more debts than there are assets.