Welcome back to our final installment of this blog series that will be helpful for individuals that may have been named an executor in their loved one's will. Though it can be a very stressful and overwhelming position to have, it's also one that is important. Here, you'll find the final steps of this checklist for executors. If you have any questions for our attorney in Raleigh NC, contact us today.
Keep a journal of all the time you’ve spent on activities that involve the estate while being an executor. This might be a task that is time consuming but it's important to make sure you document your time. This can also help you keep track of everything that's been done as well as help you know what is yet to be done.
Once every debt has been paid, all taxes are taken care of, and assets and property are distributed to the rightful beneficiaries, the probate court may close the estate formally.
This is the final step of the overall process. As the probate court formally closes the estate, your duties as executor may be complete.
Though this is a long process, you’ll find that this blog series can help you, should you need to step into your executor role. We know it can be an overwhelmingly stressful time. That’s why our lawyer is here for you. Call our office with any questions you may have regarding being an executor. Our attorney in Raleigh NC can help.
Eldreth Law Firm, PLLC | Attorney in Raleigh NC
Remember, if you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our estate attorney is here to help you get your estate planning in order and ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our office.
As always, feel free to contact us at our office to schedule a consultation with if you are looking for an attorney in Raleigh NC to represent you in other legal matters. We are here to assist you with small business needs, trademarking, copyrighting and other legal issues.
Missed previous blogs in this series? Click on the following links to learn more:
