Top Things Every Personal Representative Should Know About Probate
Get the Peace of Mind that Comes with Knowing What to Expect!
The Personal Representative must act in a fiduciary capacity, so avoid any transaction that will result in a conflict of interest between you and the estate.
Keep accurate books and records and don’t commingle estate assets with your own.
Remember that many activities such as the sale of real estate and the distribution of assets will require court approval.
You will need to maintain and secure all assets. So, pay the utilities and insurance on the real estate and secure, store and insure all personal property including vehicles.
Contact LeRoy Peterson Law today at (402) 718-8888, and get started on planning for Elder Law needs.