Creek County Estate Administration
Have you been named the executor of an estate in Creek County?
When a person dies testate (with a will), the first step is to validate
the will. After this, a personal representative is appointed (as named
in the will) to administer the estate. If a person dies intestate (without
a will), the court will select a personal representative based on state law.
When you are named an administrator, it is a difficult job; not only do
you have many responsibilities placed on your plate, but you are also
going through the grieving process. If you were named an administrator
of an estate, Gene Thompson can help you understand everything this entails.
The Basic Overview
When you are appointed an administrator, you are responsible for carrying
out many steps, including:
- Filing a petition to confirm yourself as the administrator
- Posting a "Notice of Creditors" in the local newspaper
- Sending a "Notice of Administration" to beneficiaries and other
applicable parties
- Paying the estate's debts
- Distributing the estate, after the debts have been paid
- Filing a petition to close the estate
Administering an Estate in Detail
Administering an estate involves:
- Identifying the decedent's assets
- Paying outstanding bills
- Handling debts and claims
- Handling the filing of the decedent's final tax return and payment
of final taxes
- Appraisal and liquidation of property
- And other tasks involving the handling of an estate
Ensure that the estate administration process goes as smoothly as possible!
If a person dies intestate, it means he/she dies without leaving a will.
In this situation, a decedent's assets are distributed according to
the laws of intestate succession. If you need legal assistance to ensure
that the estate administration process goes as smoothly as possible,
contact me today!