Common Executor Questions 

Summary: 

In this episode, we delve into some of the most common questions executors face. Whether you're an executor for the first time or looking to refresh your knowledge, this episode provides valuable insights and practical advice. They discuss the typical timeline for estate administration, the steps involved in administering an estate, and the potential risks executors should be aware of. 

Tune in to learn how to navigate these responsibilities effectively and ensure a smooth estate administration process. 

Key points: 

• Typical timeline for estate administration is 18 to 24 months for a straightforward estate (factors that can extend this period, including complex assets, family dynamics, and tax situations) 
• Common pitfalls: mismanagement of assets, misfiled tax returns, inadequate insurance. 
• File for grant of probate 
• Collect assets and manage estate accounts 
• Locate the original will and assets/liabilities

Hosts:
Jenna Carvalho
The smartest way to choose an executor.
Guardian Estate Company
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Gordon VanderLeek
Give your family a legacy of protection - Wills, Estates and Trusts.
VanderLeek Law
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