What to do when you don't know what assets the decedent has?
If you are the executor/personal representative of the decedents estate, you should start by reviewing the decedent's personal papers and financial accounts to get an idea of their assets. You can also check with the decedent's attorney or financial advisors, as well as with banks, brokerage firms, and other financial institutions. It is important to also consult with a probate attorney to help you locate any missing assets or liabilities.
While reviewing the decedent's personal papers and financial accounts can help in identifying assets, debts, and other important information that may be relevant to the estate. It is important to follow proper legal procedures and consult with professionals such as attorneys at The Warnock Law Group who have over 30 years experience handling Probate matters and legal procedures.
Having descendants' mail forwarded to you may also be necessary, and it can be helpful in certain situations. For example, if you are responsible for handling the affairs of a deceased family member, receiving their mail can help you stay up-to-date on any important information or bills that may need to be addressed. However, it's important to note that forwarding someone else's mail without their permission is illegal.
When settling an estate as the executor/personal representative, it may be necessary to get the authority to obtain a credit report on the deceased person to ensure that all debts are accounted for and paid off properly.
Before taking any steps, in order to avoid legal issues and liabilities, it is important to consult with a probate attorney to make sure every step you take is legal and proper.
For further help with the Probate process please contact us at:
6843 Porto Fino Cir, Fort Myers, FL 33912, USA email@example.com (239) 437-1197