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What Is an Administrator of an Estate and What Are Their Duties? - Trace Brooks

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Content provided by Viktoria Altman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Viktoria Altman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

From Trace Brooks Law - In this episode, we discuss the critical role of an Estate Administrator, as outlined in the blog post "What Is an Administrator of an Estate and What Are Their Duties?" When a loved one passes away without a valid will, the Georgia probate court appoints an Administrator to manage the decedent’s estate. This involves inventorying assets, paying debts, and distributing remaining assets to beneficiaries according to Georgia's intestacy laws.
We also cover the difference between an Executor and an Administrator. While an Executor is named in a will, an Administrator is appointed by the court when no valid will exist or the named Executor cannot serve. Both roles involve significant responsibilities, including adhering to Georgia probate laws, filing necessary court documents, and ensuring the estate is managed fairly and transparently.
Listeners will gain insights into the legal requirements to become an Administrator in Georgia, including how the court evaluates qualifications and potential disqualifications. We explain the bond requirements for Administrators and how they protect estate assets, as well as the steps involved in the appointment process.
Finally, we discuss the importance of having legal support during the estate administration process. Whether handling disputes, managing complex assets, or ensuring all tax obligations are met, engaging Atlanta probate lawyers can provide invaluable guidance. Tune in to learn more about how an experienced attorney at Trace Brooks Law can help navigate this challenging process with confidence.
Trace Brooks Law
1275 Peachtree St NE #525, Atlanta, GA 30309
(404) 492-9559
https://www.google.com/maps?cid=16944830140697754407

  continue reading

1232 episoade

Artwork
iconDistribuie
 
Manage episode 444203575 series 3376163
Content provided by Viktoria Altman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Viktoria Altman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

From Trace Brooks Law - In this episode, we discuss the critical role of an Estate Administrator, as outlined in the blog post "What Is an Administrator of an Estate and What Are Their Duties?" When a loved one passes away without a valid will, the Georgia probate court appoints an Administrator to manage the decedent’s estate. This involves inventorying assets, paying debts, and distributing remaining assets to beneficiaries according to Georgia's intestacy laws.
We also cover the difference between an Executor and an Administrator. While an Executor is named in a will, an Administrator is appointed by the court when no valid will exist or the named Executor cannot serve. Both roles involve significant responsibilities, including adhering to Georgia probate laws, filing necessary court documents, and ensuring the estate is managed fairly and transparently.
Listeners will gain insights into the legal requirements to become an Administrator in Georgia, including how the court evaluates qualifications and potential disqualifications. We explain the bond requirements for Administrators and how they protect estate assets, as well as the steps involved in the appointment process.
Finally, we discuss the importance of having legal support during the estate administration process. Whether handling disputes, managing complex assets, or ensuring all tax obligations are met, engaging Atlanta probate lawyers can provide invaluable guidance. Tune in to learn more about how an experienced attorney at Trace Brooks Law can help navigate this challenging process with confidence.
Trace Brooks Law
1275 Peachtree St NE #525, Atlanta, GA 30309
(404) 492-9559
https://www.google.com/maps?cid=16944830140697754407

  continue reading

1232 episoade

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