Estate Administration:Leave Your Legacy.
What You Need to Know
Collecting and managing the estate, paying any debts and taxes, and distributing the remaining property to the heirs of the estate.
The heirs are determined by the will or intestacy laws of each state. The will may be read a few days after the funeral, but the gifts and bequests are not given out at that time.
An executor is responsible for the care and maintenance of the estate property. Once they’re approved by the court, they are required to prepare and file an inventory of assets (real estate, money, stocks, personal belongings, etc.) and a list of claims.
If the probate process is complicated, the executor is entitled to hire an attorney to help him or her with the process. That’s where our experienced attorneys at Legacy Law come in to help.
Ready to Start Planning?
We know it can all seem overwhelming. If you’re interested in learning more details, Legacy Law is here to help you through the process. Let’s start with your free initial consultation.