What are the responsibilities of a personal representative in a will?
What are the responsibilities of a personal representative in a will?
Generally speaking, a Personal Representative is responsible for opening the estate, collecting the assets of the estate, protecting the estate property, preparing an inventory of the property, paying various estate expenses, valid claims (including debts and taxes) against the estate, representing the estate in claims …
Who is the personal representative in Washington State?
A Personal Representative is usually nominated in the Decedent’s Will, or self-selected, and is the person, once appointed by a court, responsible to settle the Decedent’s financial affairs and to distribute property in accordance with their Will or if there is no Will, then by right of representation under the laws of Washington.
What are the duties of a personal representative?
As the estate’s Personal Representative, the following are basic duties required by law: Accounting for and collecting the assets of the estate. Overseeing the estate assets during the probate process. Disbursing funds for bills or creditors of the estate.
Who is the personal representative of the estate?
The personal representative (formerly called “executor”) is the person that administers the estate when a person dies. The personal representative runs the show during probate.
Who is the personal representative of a minor?
If a person can make health care decisions for you using a health care power of attorney, the person is your personal representative. The personal representative of a minor child is usually the child’s parent or legal guardian. State laws may affect guardianship.
The personal representative shall pay taxes on, and take all steps reasonably necessary for the management, protection and preservation of, the estate in the personal representative’s possession. The personal representative may maintain an action to recover possession of property or to determine the title thereto.
A Personal Representative is usually nominated in the Decedent’s Will, or self-selected, and is the person, once appointed by a court, responsible to settle the Decedent’s financial affairs and to distribute property in accordance with their Will or if there is no Will, then by right of representation under the laws of Washington.
You may be or have been appointed by the Superior Court of a Washington county as the Personal Representative of the Estate of a Washington decedent. The Personal Representative is sometimes called the “Executor” or, if there was no Will, the Administrator.
Can a health plan have a personal representative?
Generally, an HIPAA-covered health care provider or health plan must allow your personal representative to inspect and receive a copy of protected health information about you that they maintain. Your personal representative can be named several ways; state law may affect this process.