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Estate Administration order in Waynesboro
Order Estate Administration
Estate Administration

Estate Administration

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USA, Waynesboro
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Description
The administration of an estate can often be a complex, time consuming, and emotional process. In many instances, certain aspects of this process can be undertaken directly by the executor(s) or family member(s), however, it is often helpful to have the assistance of an experienced team that has knowledge of the process and understands the financial and tax implications involved.

The responsibilities associated with the administration of an estate include, but are not limited to, the following:

  • Obtaining the death certificate, original will and trust documents (if applicable)
  • Filing the original will and legal documents with the probate court
  • Identifying any heirs and beneficiaries of the estate
  • Identifying all assets of the estate, determining the value of the assets, collecting and possibly liquidating the assets
  • Managing any income producing assets of the estate (businesses, real estate… etc)
  • Identifying all liabilities of the estate and making the appropriate disbursements
  • Maintaining a proper "accounting" of all income and expenses of the estate
  • Preparing the federal, state, and local income and estate tax returns
  • Filing a final "accounting" of the estate's assets and expenses with the court
  • Making a distribution of the net assets to the beneficiaries

Our team of professionals can provide assistance with all aspects of the estate administration and help make the process as smooth as possible during a difficult time. We also have a close working relationship with several well-regarded estate attorneys and can recruit their assistance (or provide you with referrals) if required during the process.

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Estate Administration
Estate Administration
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