Unless an estate plan exists that makes avoiding the probate process possible, upon the loss of a loved one it is likely that the decedent’s estate will need to administered in the Probate Court. The Personal Representative, appointed by the court, is responsible for the Estate Administration. The Personal Representative is held to a high standard of responsibility because that person handles money and assets for the decedent, beneficiaries, heirs, and creditors.
Elder & Disability Law Advocates stands ready to assist you with the administration of your loved one’s estate. The process of estate administration includes:
- Filing the pleadings and documents necessary to initiate Estate Administration
- Gathering and assessing the value of estate property
- Filing an inventory of the assets
- Determining the validity of and paying the debts of the decedent
- Collecting estate income
- If necessary: Prepare estate tax returns and arrange payment of estate tax
- Distributing property to beneficiaries and heirs
- Filing Accountings
- Petitioning the court to close the administration
Elder & Disability Law Advocates will guide you through the process compassionately and efficiently. Contact us if you have any questions.