Administrator / Executor of Decedent's Estate
When serving as Executor or Administrator of an estate, our responsibilities include:
- • Identifying, securing and taking possession of the decedent's assets
- • Selling assets as necessary or required
- • Identifying and verifying outstanding debts and obligations
- • Preparing an inventory of all of the assets of the decedent's estate
- • Identifying and addressing the decedent's outstanding income tax liabilities
- • Determining the applicability of federal estate tax requirements
- • Periodically communicating with estate beneficiaries regarding status and progress of estate administration
- • Preparing an accounting of the estate administration
- • Pursuing or defending legal actions involving the decedent
- • Addressing other financial, legal and tax issues that might arise
- • Arranging for the distribution of assets in accordance with the terms of decedent's will, if any, and in the manner provided by law