The personal representative of an estate has a very serious fiduciary responsibility, which involves supervising all distributions, including making sure all last wishes are met, all liabilities are paid off, all beneficiaries receive their fair share of the estate, and all personal property is properly distributed.
The personal representative is not personally responsible for the debts of the deceased, but that person must ensure that those debts are paid off with whatever assets are in the estate. Because the task is both crucial and complex, executors often rely heavily on a skilled attorney’s advice.
For more information on the role and responsibilities of the Personal Representative, and to ensure as smooth a transfer of assets as possible, contact Barnett Law Firm, PA today.