Letters of Administration are a legal document issued by a court that grants authority to an individual, known as the administrator, to manage the estate of a deceased person who did not leave a valid will. The administrator is responsible for distributing the assets of the estate among the deceased person’s heirs according to state laws governing inheritance. The administrator […]
What are letters of administration?
Personal risks in being an executor
The executor to an estate has the job of winding up someone’s affairs after their death. It is a job that involves both responsibility and personal financial risk. After someone has died, their executor, named in their Will, has the role of administering their estate and ensuring that the beneficiaries receive everything to which they are entitled. It is important […]
Check Carefully For a Will When a Loved One Dies
We often think that we have to make a will at sometime or other so that we can be sure that our assets don’t get into the wrong hands once we have died. It seems that in some cases making a Will hasn’t had the effect one would expect it to have. Most law firms admitted in a National Will […]