If you are closing an estate at the wishes of someone who has passed, you will be named the executor and will need to administer the estate in accordance with the law. Any time a person dies, the executor has to collect the individual's assets, manage them and distribute them to the proper parties.
Posts tagged "Probate Administration"
When a loved one passes away, one question that may arise is how you know you're getting the correct inheritance. If your parent has life insurance, then you may be established as a beneficiary and might want to make sure you're receiving a payout in accordance with what they expected, for example.
If you have to go through probate, you will likely want to work with an attorney. When you choose your attorney, you'll have to set up an initial appointment to discuss the case.
Not planning for your estate correctly can mean leaving your loved ones to deal with debts and other issues. You might end up with your estate going into probate, which delays the distribution of your assets.
Probate administration is an important job. Probate administration refers to focusing on what happens to a person's estate after their death. A probate administer (executor) might be your estate-planning attorney or another person of your choice.