As an executor in California, it's your duty to oversee many different aspects of your loved one's estate. This includes going through probate if necessary. Though probate can be tricky, the Law Offices of Roshni T. Desai is here to help you through it.
As the executor, you play a key role in probate. Unless you're unable to fulfill your duties for one reason or another, probate can only be initiated by you. Not only that, but if you're working with a high-asset estate, the legal process becomes even more complicated. A few of your necessary duties include:
- Determining which assets of the estate need to go through probate
- Handling taxes
- Appraising the assets
- Distributing the assets
- Prepare the required documents for handling probate
Needless to say, having so much on your plate can be a headache, especially if you've never had to deal with probate law before. Likewise, the more assets you're responsible for, the longer the process will take. You will need to go through and determine how much the assets are worth, give them to beneficiaries or heirs, and handle all of the related paperwork. As the executor, the onus to make sure that these tasks are completed correctly and in a timely manner lies entirely on your shoulders.
Even though probate can be a complex process, having the right tools will make it much easier for you. You can visit the link to our web page on probate and estate administration if you would like to further your reading and expand your knowledge.