When you are an estate administrator, you realize what a big responsibility it is. You have so much responsibility that the task can become really daunting and use much of your energy. Executors and estate administrators are held to a very high standard of duty. The fiduciary responsibility is one that must not be taken lightly. As a matter of fact, any type of breach detected can cause serious legal problems.
The attorneys at Weinstein & Randisi in New York can help. They are well-versed in the representation of estate administrators. We can assist you in making decisions on behalf of the deceased and, with our experience level, we know what is right and what to avoid. If you want to be audit proof, contact us for help.
The estate administrator must see the deceased person’s property go through a probate process. Included in the probate process is paying the debts left behind, determining exactly who is supposed to inherit the estate, distributing the assets of the estate and keeping up with and being accurate in the accounting process.
Having a clear and audit proof accounting system is vital. If you set up separate files based on the deceased person’s debts, you may be able to prove that you have paid what was due to the person or company that is asking for final payment.
This law firm has more than 50 years of experience in this type of transaction. Our lawyers know to what extent the estate executor or administrator is responsible and can guide you through the maze that the death of a loved one has left behind. Even the best accountant may have left behind a bit of a mess when it comes to probating the property, assets and debts left behind.
Getting help at Weinstein & Randisi can be a game changer. Don’t feel like you are alone in this. You can benefit from our years of experience and knowledge of estate administration.