The personal representative of a decedent’s Estate carries substantial responsibility under the law. These people must take appropriate steps to ensure the payment of Estate debt as well as to properly distribute the Estate’s property to heirs. These people have an obligation under the state’s law as well as to the members of the Estate to perform this job adequately.
If you are elected as a loved one’s personal representative, you will be granted significant power. You will have the full and sole authority to pay off debtors, keep temporary control over assets, and distribute property. Knowing this, it is understandable for you to be confused or disoriented concerning your powers and obligations.
A Marietta Estate Administration lawyer at our firm can help. Our experienced attorneys at Nelson Elder Care Law can provide essential guidance as you go through the process of administering your loved one’s Estate.
Serving as a personal representative or an executor of an Estate carries significant responsibilities under the law. According to the Official Code of Georgia § 53-7-1, a personal representative is a fiduciary towards the Estate that they serve. This means that you must act only in the Estate’s interest.
This concept applies across the board. As a representative, you must be sure to pay the Estate’s debt before distributing the remaining assets. You must also keep all Estate property under safeguard until the time comes to make the distribution. While you may collect fair fees for your services, these fees must be reasonable.
Our Estate Administration attorneys in Marietta can help you to better understand your obligations under the law. This could include providing guidance concerning the legality of an action and suggestions about what steps are necessary to remain in good faith with the courts and the Estate.
Another way in which a Marietta lawyer at our firm may be able to help is in serving directly as an Estate’s Administrator. Law firms may be especially helpful in this area since they tend to have a better grasp of the relevant laws as well as the experience necessary to properly perform in this role.
Naming one of our skilled attorneys as an Estate administrator can come with increased peace of mind. Knowing that an Estate is in good hands can allow you to focus on what is important in the present while knowing that the Probate process will go as smoothly as possible.
The role of a personal representative in overseeing the Administration of an Estate is vital in ensuring your loved one’s plans are followed through. It is your duty to take all necessary steps to pay the Estate’s debts and distribute property according to the terms of the Will. This role is so important that the law considers personal representatives as fiduciaries to the Estate. Failures to perform this role adequately could see legal troubles with both the court and the Estate.
A Marietta Estate administration lawyer at our firm can help. Our team can ensure you understand your duties as well as provide suggestions as to how to perform best perform your role. In other situations, one of our attorneys may be willing to serve as a personal representative when you are creating your Estate Plan. Reach out to Nelson Elder Care Law today to learn more.
I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.
The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!
Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.
Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!
I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!