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Law Offices of Nancy M. Rice
1236 Brace Road, Suite F
Cherry Hill, NJ 08034
Phone: 856-673-0048
Fax: 856-673-0052
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Linwood Professional Plaza
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Linwood, NJ 08021
Phone: 609-398-3447
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February 2017 Archives

Whom should you notify when someone dies?

The obvious answer is that you should notify family and close friends, but that's the immediate answer. Beyond that, the executor of an estate has to make numerous notifications to begin closing out accounts and transferring assets appropriately into the ownership of the estate. Notification of the death might also spur the release of payable-upon-death benefits associated with life insurance or financial accounts.

Personal representatives have duties that can vary

When someone dies, there might be a need to go through the probate process. This is necessary if the person had significant assets that need to be handled. The probate process involves the administration of the decedent's estate by the person the named executor or personal representative.