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The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
Continue reading ->The post A Checklist for an Executor of a Will appeared first on SmartAsset Blog. It can be hard to keep straight the various forms, procedures and duties. To make the process ...
A will includes the appointment of an executor or executors. One of their duties is to apply to the Probate Division of the High Court for a grant of probate. [27] [28] An executor can apply to a local probate registry for a grant themselves but most people use a probate practitioner such as a solicitor. If an estate is small, some banks and ...
An executor will make sure estate taxes are calculated, necessary forms are filed, and the corresponding payments are made. They will also assist the attorney with the estate. Additionally, the executor acts as a legal conveyor who designates where the donations will be sent using the information left in bequests, whether they be sent to ...
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For estates larger than the current federally exempted amount, any estate tax due is paid by the executor, other person responsible for administering the estate, or the person in possession of the decedent's property. That person is also responsible for filing a Form 706 return with the Internal Revenue Service (IRS). In addition, the form must ...
The Ohio officer and justices' guide : embracing the duties of justices of the peace, constables, and other township officers : including officers acting under the school law, with appropriate forms : also, directions and forms for executors, administrators & guardians, with treatises on the law of partnership and bailment, and the duties and ...
A teenage hunter allegedly shot dead his parents and younger brother before taking his own life in a horrifying murder-suicide. Clifford Hunt Jr., 19, is believed to have shot parents Michelle, 48 ...
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