Being named an executor of an estate likely means that you’ve lost someone close to you. Dealing with death is never easy and overseeing the estate can be complicated, but staying organized can help you manage things smoothly. We’ll show you what to do when you become executor of the ...
Multiple Executors:Designating multiple executors adds greatly to the amount of paperwork and can spark disputes. One or more may lack the financial ability to deal with creditors or understand estate tax matters. if co-executors agree to allow only one individual to serve, the others waive their...
The family of a deceased person, or decedent, should assist the executor of the estate in every way possible. This includes providing documents the executor needs to settle the decedent’s estate. Some documents seem private, but the executor works as a personal representative of the decedent. ...
An executor’s job is to secure the assets of the estate and then distribute them according to the deceased person’s wishes. In some families, heirs descend on adecedent’s home even before the funeral, cherry-picking heirlooms, and other valuables. Also, the will may give latitude to an...
Administrators may have to provide extra information, like a family tree of the decedent’s heirs, or fill out extra paperwork during probate, like petitioning the court to sell real estate or handle assets over a certain value. Is a trustee an executor or administrator?
The employees really shouldn't have been allowed to take anything after death. Probate and your role sorts that out. What's done is done, but you should make it clear that nothing else moves out of the house or changes hands until you can create a...
There were changes to the testator’s financial behavior before he died. The beneficiaries received suspicious emails with regard to the estate. There are personal items of the deceased that are unaccounted for or are suddenly missing. If the beneficiaries suspect the executor of unlawful acts, ...
The executor of a will is required to make an inventory of the estate. The inventory should include all of the deceased person's property. It should be filed with the probate court, and a copy should be sent to every interested person, according to the Official Code of Georgia Annotated ...
The role of an executor of a will is complex, but our experienced Rochester attorneys are here to guide you every step of the way. Call our office today.
Consider the complexity of the estate, whether you have the time to devote to the immediate responsibilities, and the multitude of duties that will come into play when the individual who wrote the will, referred to as the testator, passes away. ...