When a person in Maryland passes away, a personal representative -- also known as an executor -- will be appointed to handle the process of estate administration. Being appointed as a personal representative is not always easy, because there are so many duties that need to be taken care of.
The personal representative must go to probate court and open the estate. They must take an inventory of the deceased's property and assets, and determine their value. They must pay any debts the deceased had and settle any claims that may still exist. They must distribute the deceased's property and assets to the named heirs. If there is a trust, they must distribute those assets and take care of any investments listed in the trust. Finally, they must prepare tax returns.
All of this is a lot to do, particularly in the wake of a loved one's death. That is when having an attorney by your side can be a good thing. An attorney can take care of much of the minutia of the process, and make sure that no crucial step is overlooked. This may allow the deceased's loved ones to make appropriate decisions regarding their loved ones last wishes.
If you are overwhelmed by your role as a personal representative of an estate, there is help available. Seeking the advice of a professional may be a good way to begin. Our firm has handled many probate cases in the past. By visiting ourĀ probate and trust administration website, you may find the information you need to carry out this important duty.
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