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Help With Family,
Finances And The Future

Estate administration duty: Paying the estate’s debts

| May 4, 2018 | Estate Administration

The estate administrator has a number of jobs to do before the estate can be closed out. One of these is paying for the debts that the estate has incurred. There are specific limitations and orders that come with this duty, so anyone who has it should make sure that they understand the ins and outs of this area of the law.

It is important to know that heirs shouldn’t be responsible for paying the estate debts. There are times when creditors might contact the decedent’s loved ones for payment. When this happens, they should direct the creditor to the estate administrator. This adds another duty to the administrator’s list. He or she might have to deal with demanding and pushy creditors.

We understand that this is a lot for a person to handle when they might still be reeling from the death of a loved one. Even though this is the case, you still have to make sure that you are doing everything in the necessary manner. Mistakes in the estate administration process can lead to added costs and wasted time.

We are here to help you ensure you are meeting your estate administration obligations as they apply to your loved one’s estate. We can work with you to find the necessary assets and heirs, as well as getting everything distributed in accordance with the law and the estate plan.

There are times when issues might creep in, such as an heir contesting the will. We can help you with these probate litigation matters so that you aren’t left trying to do it all on your own.

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