More examples in Estate Planning/Estate Planning
Handling an Estate Matter Example
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Handling an Estate Matter Evaluate data to develop a petition for probate Determine whether probate is necessary from personal data Compile personal data of decedent Probate decedent's estate Write specific Power of Attorney Document Transfer assets to a Trust Write legal and correct trust agreement Collect and compile information for trust agreement Write will(s) Evaluate data needed to write legal and correct will(s) Collect and compile personal data needed to handle estate Document assets and their value Appraise value of estate assets Locate and establish control of estate assets Locate and inform heirs of the death and arrange required actions Arrange required publishing of death notice with newspaper Write a Note to Interested Persons Compile information for heirs Write text of court order to admit will to probate Document bond for estate executor Write affidavit of minutes to the will Document legal petition for probate Estimate total cash needed to close the estate Administer checking account Apply for release of assets Request final audit in writing Prepare Federal estate tax return Write out fiduciary tax returns Compile needed data and write out income tax return Pay or reject claims against the estate Write documents required for ancillary probate Determine necessity of ancillary probate Pay off liens and/or court judgments against the estate File objection to final accounting File claim against estate Compile and write court order to close estate Prepare Supplementary Final Accounting Assemble information for Supplementary Final Accounting Prepare receipts Arrange transfer of assets to heirs Write court order approving the Final Accounting Write a Notice of Final Accounting Accomplish a final accounting for the estate Advise heirs and devisees of the status of the estate