When a person passes away, everything he or she owns needs to be managed. The Administration of a Decedent’s estate is the process gathering assets, paying debts, and distributing the remainder. To those unfamiliar with an estate’s administration process, the list of tasks involved can be daunting. By way of a very general overview, there are four major aspects in estate administration in cases of formal probate.

Overview – Estate Administration:

• Probate
• Taxes
• Fiduciary Account
• Settlement

Depending on the estate’s circumstances, the complexities of the above-listed tasks will vary.  From prepaying certain taxes for extra discounts, or expediting real estate settlements on behalf of the estate’s Personal Representative, an experienced estate attorney can prove to be invaluable resource in settling estate matters.