Estate Administration
Law Offices of Alexis B. Kaplan, LLC advises personal representatives on the administration of probate estates
estate administration
Have you been named Personal Representative?
Being named as the personal representative, also known as an executor, of an estate is a great honor and responsibility. It means that your loved one trusts you to act according to their wishes and handle any issues involved with the estate.
A personal representative must be aware of the requirements of the court probate system. If you’ve been named as the personal representative you don’t have to be an expert in legal or financial matters, but you should consult professionals when needed.
A personal representative has a responsibility to carry out your duties with honesty and diligence. In legal speak, you have a fiduciary duty to act with good faith on behalf of the estate and beneficiaries.
Tasks / responsibilities undertaken by a personal representative
Collect and distribute assets including:
Handle Day to Day Details
As part of administering the estate, there are details such as terminating leases, notifying credit card companies and credit card agencies, and notifying agencies such as the Social Security Administration, Medicaid, the post office, and the Department of Veterans Affairs.
Distributes the Deceased Person’s Property
As part of the process, a personal representative settles debts and files income tax and possibly estate tax.
PROFESSIONAL & KNOWLEDGEABLE
“I contacted Alexis for a consultation as the executor of an estate. She was professional, very knowledgeable, but also friendly and easy to talk with. She answered all my questions and then some. If I find myself needing to hire a before this estate business is complete, I would not hesitate to hire Alexis.”
