It is important to understand the legal requirements when it comes to estate administration. Filing the inventory, appraisement, and list of claims of the estate is a crucial step that must be taken within 90 days after qualification. Failure to do so can result in severe consequences, including the removal of the personal representative and...KEEP READING
When someone passes away, their estate typically goes through the probate process to distribute their assets to heirs or beneficiaries. In some cases, the personal representative appointed to administer the estate is granted broad powers to manage and distribute assets without court supervision, in what is known as an independent administration. An independent administration can...KEEP READING