A good choice would be a family member or someone you trust who would have the time and capacity to handle estate settlement duties. Settlement duties include the duty of notifying heirs of estate proceedings, taking an inventory of the estate assets, giving notice to creditors, evaluating and paying claims against the decedent, filing income and estate tax returns as needed, managing the properties of the estate within the limitations established by the decedent’s will and the probate laws, and eventually distributing the estate that remains after payment of attorneys’ fees, personal representative’s fees, estate and income taxes, and other costs of administration.
We were very pleased with the level of expertise available at Davis Schilken. It enabled us to feel confident that we were presented all options. The process was efficient and allowed us to complete our estate planning effectively and efficiently.
Read more from our clients