When a loved one dies, a family member or trusted friend is often tasked with administering the estate. If a formal probate is required, the administration process will involve qualification of the executor in the appropriate clerk’s office, notices to the heirs and beneficiaries, consolidation of assets and payment of enforceable debts and expenses, and filing an inventory and one or more accountings with the Commissioner of Accounts. The executor may also have to respond to claims filed by the surviving spouse and may need to deal with creditor’s claims. The final income tax returns of the deceased must be prepared and filed, and fiduciary income tax returns will be required.
Our attorneys and paralegals are experienced with the estate administration process and can assist with the preparation and filing of the required forms, reports and tax returns, as well as helping the executor manage the interests and expectations of the surviving spouse, other beneficiaries, and creditors.
I concentrate my law practice on planning for the transfer of family wealth and the design and implementation of tax-advantaged asset transfers. I also help clients establish and administer closely-held business and real estate entities, such as corporations and limited liability companies.