Becoming An Executor & What To Do After
My loved one passed away and I am the executor? What should I do?
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death. If the person had a will, the will goes through probate, which is the process by which the deceased person’s property is passed to his or her heirs and legatees (people named in the will). The entire process, supervised by the probate court, usually takes about a year.
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The emotional trauma brought on by the death of a close family member often is accompanied by bewilderment about the financial and legal steps the survivors must take. The spouse who passed away may have handled all of the couple’s finances. Or perhaps a child must begin taking care of probating an estate about which he or she knows little. And this task may come on top of commitments to family and work that can’t be set aside. Finally, the estate itself may be in disarray or scattered among many accounts, which is not unusual with a generation that saw banks collapse during the Depression.
We have helped countless families navigate the probate process. We try to take the burden off of the executor and make the process as transparent and easy as possible. If your loved one has passed away, or if would just like to learn more about what is involved in being an executor, please call us to schedule a consultation today.