Estate Administration
When someone dies, his or her estate often goes through a court-managed process called probate or estate administration where the assets of the deceased are managed and distributed. The length of time needed to complete the probate of an estate depends on the size and complexity of the estate and the local rules and schedule of the probate court. The probate process for each estate is unique, but usually involves most of the following steps:
- Filing of a petition with the proper probate court
- Notice to heirs under the will or to statutory heirs (if no will exists)
- Petition to Appoint Executor of the Estate
- Inventory and appraisal of estate assets by Executor/Administrator
- Payment of estate debt to creditors
- Sale of estate assets
- Payment of estate taxes, if applicable
- Final distribution of assets to heirs
If you have been named the personal representative of an estate, we we will guide you through the estate administration process to help you to navigate the probate process and to satisfy your fiduciary duties.