It can be difficult to adjust to losing a loved one. You might have to deal with finalising their affairs and carrying out their final desires in addition to navigating challenging emotions.
If your loved one wrote a
last will and testament, you can use it to begin "administering" or
settling their estate. It can be challenging to figure out what to do if
someone passed away "intestate," or without a will.
You must first do applying
for letters of administration, which are legal documents that give you
permission to act on behalf of the estate and begin the estate administration
procedure, in order to manage and distribute the estate.
What do administrative
notes need?
When someone passes away
leaving a will, their estate usually goes through a legal procedure called
probate that is overseen by the court. However, intestate estate management
will be required if they pass away without a valid will. The court must first
appoint an administrator to direct the administration and distribution of the
inheritance before this procedure can start. Letters of management are useful in situations
like this.
A letter of
administration is a court-issued document that gives someone the authority to
serve as the estate administrator. The
administrator can then gain access to and handle the decedent's assets,
including their bank accounts and real estate.
What distinguishes an
administrator from an executor?