The Role of an Estate Administration Lawyer
An estate administrator basically ensures that all stipulations in a will are carried out in a timely manner. Other estate administration duties include:
- Collecting any income that is owed to the estate;
- Paying any outstanding debts, including income taxes;
- Withholding any inheritance taxes; and,
- Distributing the remaining financial assets to the rightful beneficiaries.
If you have been chosen as an executor or estate administrator for someone’s estate, the lawyers at Helms Bennett, PA can assist you with the process. Or, if you are looking for a trusted agent to act as your administrator, our attorneys will be happy to assist you. Contact us today, and we’ll help you navigate the process.