Executor Information Kit
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| Description: | The probate process can be quite confusing. With our Executor Information Kit, much of this confusion can be avoided. Not only does this kit provide tools and guidelines relating to the appointment and duties of the Executor of your will, it also includes lists that will provide your executor with the helpful and necessary information he/she will need after your death.
Included in this kit are: • Information for Executor • Executor Duties Checklist • Executor Information List |
| File Size: | 78.8 kB |
| Pages: | 20 |
| Date: | January 12, 2005 |
| File Format: | |
| Category: | Wills |
| Author: | FindLegalForms.com |
| Word Count: | 3,074 Words, 19,963 Characters |
| Page Size: | Letter (8 1/2" x 11") |
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rms.com/public/SLD/WILLS/wisconsin.html http://www.findlegalforms.com/public/SLD/WILLS/wyoming.html\n\nAppendix A: State Law Summary Links\n\n2\n\nindlegalforms.com/public/SLD/WILLS/virginia.html http://www.findlegalforms.com/public/SLD/WILLS/washington.html http://www.findlegalforms.com/public/SLD/WILLS/west_virginia.html http://www.findlegalfonnessee.html http://www.findlegalforms.com/public/SLD/WILLS/texas.html http://www.findlegalforms.com/public/SLD/WILLS/utah.html http://www.findlegalforms.com/public/SLD/WILLS/vermont.html http://www.f/rhode_island.html http://www.findlegalforms.com/public/SLD/WILLS/south_carolina.html http://www.findlegalforms.com/public/SLD/WILLS/south_dakota.html http://www.findlegalforms.com/public/SLD/WILLS/teublic/SLD/WILLS/oklahoma.html http://www.findlegalforms.com/public/SLD/WILLS/oregon.html http://www.findlegalforms.com/public/SLD/WILLS/pennsylvania.html http://www.findlegalforms.com/public/SLD/WILLSforms.com/public/SLD/WILLS/north_carolina.html http://www.findlegalforms.com/public/SLD/WILLS/north_dakota.html http://www.findlegalforms.com/public/SLD/WILLS/ohio.html http://www.findlegalforms.com/pwww.findlegalforms.com/public/SLD/WILLS/new_jersey.html http://www.findlegalforms.com/public/SLD/WILLS/new_mexico.html http://www.findlegalforms.com/public/SLD/WILLS/new_york.html http://www.findlegala.html http://www.findlegalforms.com/public/SLD/WILLS/nebraska.html http://www.findlegalforms.com/public/SLD/WILLS/nevada.html http://www.findlegalforms.com/public/SLD/WILLS/new_hampshire.html http:///WILLS/minnesota.html http://www.findlegalforms.com/public/SLD/WILLS/mississippi.html http://www.findlegalforms.com/public/SLD/WILLS/missouri.html http://www.findlegalforms.com/public/SLD/WILLS/montan OHIO OKLAHOMA OREGON PENNSYLVANIA RHODE ISLAND SOUTH CAROLINA SOUTH DAKOTA TENNESSEE TEXAS UTAH VERMONT VIRGINIA WASHINGTON WEST VIRGINIA WISCONSIN WYOMING\n\nhttp://www.findlegalforms.com/public/SLDc/SLD/WILLS/michigan.html\n\nAppendix A: State Law Summary Links\n\n1\n\nMINNESOTA MISSISSIPPI MISSOURI MONTANA NEBRASKA NEVADA NEW HAMPSHIRE NEW JERSEY NEW MEXICO NEW YORK NORTH CAROLINA NORTH DAKOTA/maine.html http://www.findlegalforms.com/public/SLD/WILLS/maryland.html\n\nMASSACHUSETTS http://www.findlegalforms.com/public/SLD/WILLS/massachusetts.html MICHIGAN http://www.findlegalforms.com/publim/public/SLD/WILLS/kansas.html http://www.findlegalforms.com/public/SLD/WILLS/kentucky.html http://www.findlegalforms.com/public/SLD/WILLS/louisiana.html http://www.findlegalforms.com/public/SLD/WILLS/www.findlegalforms.com/public/SLD/WILLS/illinois.html http://www.findlegalforms.com/public/SLD/WILLS/indiana.html http://www.findlegalforms.com/public/SLD/WILLS/iowa.html http://www.findlegalforms.coLLS/florida.html http://www.findlegalforms.com/public/SLD/WILLS/georgia.html http://www.findlegalforms.com/public/SLD/WILLS/hawaii.html http://www.findlegalforms.com/public/SLD/WILLS/idaho.html http:/WILLS/connecticut.html http://www.findlegalforms.com/public/SLD/WILLS/delaware.html http://www.findlegalforms.com/public/SLD/WILLS/district_of_columbia.html http://www.findlegalforms.com/public/SLD/WIcom/public/SLD/WILLS/arkansas.html http://www.findlegalforms.com/public/SLD/WILLS/california.html http://www.findlegalforms.com/public/SLD/WILLS/colorado.html http://www.findlegalforms.com/public/SLD///www.findlegalforms.com/public/SLD/WILLS/alabama.html http://www.findlegalforms.com/public/SLD/WILLS/alaska.html http://www.findlegalforms.com/public/SLD/WILLS/arizona.html http://www.findlegalforms.w)\n\nALABAMA ALASKA ARIZONA ARKANSAS CALIFORNIA COLORADO CONNECTICUT DELAWARE DISTRICT OF COLUMBIA FLORIDA GEORGIA HAWAII IDAHO ILLINOIS INDIANA IOWA KANSAS KENTUCKY LOUISIANA MAINE MARYLAND\n\nhttp:Checklist\n\n10\n\nAPPENDIX A FindLegalForms.com State Law Digest for Wills\nProvided under agreement with copyright holder, © Nova Publishing Company 2004 (Click\n\non the appropriate state link belo\n\nSpecial achievements\n\nExecutor Information Checklist\n\n9\n\nSurvivors\n\nDate of death Place of service Date of service Time of service Memorial contribution preference\n\nExecutor Information spaper Address City, State, Zip Phone Name Date of birth Place of birth Current residence Former residence\n\nOccupation\n\nEducation\n\nMilitary service Club, union, civic, or fraternal organizationsiend name Address City, State, Zip Phone\n\nExecutor Information Checklist\n\n8\n\nNewspaper Obituary Information\nNewspaper Address City, State, Zip Phone Newspaper Address City, State, Zip Phone Newss City, State, Zip Phone Friend name Address City, State, Zip Phone Friend name Address City, State, Zip Phone Friend name Address City, State, Zip Phone Friend name Address City, State, Zip Phone Frame Address City, State, Zip Phone\n\nExecutor Information Checklist\n\n7\n\nFriends to Contact\nFriend name Address City, State, Zip Phone Friend name Address City, State, Zip Phone Friend name AddreZip Phone Relative name Address City, State, Zip Phone Relative name Address City, State, Zip Phone Relative name Address City, State, Zip Phone Relative name Address City, State, Zip Phone Relative n Zip Phone\n\nExecutor Information Checklist\n\n6\n\nRelatives to Contact\nRelative name Address City, State, Zip Phone Relative name Address City, State, Zip Phone Relative name Address City, State, State, Zip Phone Magazine Address City, State, Zip Phone Credit card company Address City, State, Zip Phone Credit card company Address City, State, Zip Phone Credit card company Address City, State, State, Zip Phone\n\nExecutor Information Checklist\n\n5\n\nUtility Address City, State, Zip Phone Utility Address City, State, Zip Phone Utility Address City, State, Zip Phone Newspaper Address City,gs and loan, or credit union Address City, State, Zip Phone Bank, savings and loan, or credit union Address City, State, Zip Phone Mortgage company Address City, State, Zip Phone Utility Address City,will Address City, State, Zip Phone Trustee named in will Address City, State, Zip Phone Military unit Address City, State, Zip Phone Veteran\'s organization Address City, State, Zip Phone Bank, savine Address City, State, Zip Phone Guardian named in will Address City, State, Zip Phone\n\nExecutor Information Checklist\n\n4\n\nGuardian named in will Address City, State, Zip Phone Trustee named in Employer Address City, State, Zip Phone Employer Address City, State, Zip Phone Business associate Address City, State, Zip Phone Business associate Address City, State, Zip Phone Union representativs City, State, Zip Phone\n\nExecutor Information Checklist\n\n3\n\nHealth insurance agent Address City, State, Zip Phone Physician Address City, State, Zip Phone Dentist Address City, State, Zip Phone Zip Phone Investment counselor Address City, State, Zip Phone Life insurance agent Address City, State, Zip Phone General insurance agent Address City, State, Zip Phone Medical insurance agent Addresress City, State, Zip Phone Lawyer Address City, State, Zip Phone Accountant Address City, State, Zip Phone IRA or Keogh account trustee Address City, State, Zip Phone Stockbroker Address City, State,nLocation of memorial or church service Name of person contacted Phone Address Arrangements made\n\nExecutor Information Checklist\n\n2\n\nPersons, Businesses, and Organizations to Contact\nClergy Addon Arrangements\nName of mortuary, funeral home, or crematorium Name of person contacted Phone Address Arrangements made\n\nName of cemetery Name of person contacted Phone Address Arrangements made\n\records Corporation records Automobile titles Income tax records Credit card records Birth certificate Warranties\n\nOther important papers\n\nExecutor Information Checklist\n\n1\n\nFuneral or Cremati of deposit\n\nSocial Security records Real estate deeds and mortgage documents Veteran\'s information Stock certificates and bonds\n\nPromissory notes and loan documents Business records Partnership tor.\n\nExecutor Information Checklist\nLocation of Records\nOriginal of will Original of codicil Trust documents Safe deposit box and key Bankbook and savings passbook Treasury bills and certificatesor her perform the executor\'s necessary duties with the least difficulty. You will probably wish to give this information list and a copy of your will to the person whom you have chosen as your execurmation. Please take the time to provide this valuable record of information for your executor. After your death, he or she may be under tremendous emotional stress and this information will help him l need to contact after your death, and information that will assist your executor in preparing any obituary listing. It may be very difficult to confront your own mortality and the need for this infotionnaire is information relating to the location of your records, any funeral or burial arrangements that you have made, lists of important persons, businesses, or organizations whom the executor wilor Information Checklist Instructions\nThe following listing will provide your executor with valuable information that will make performing his or her difficult task much easier. Included in this quese all remaining assets according to will Submit final accounting and receipts to probate court Close estate books and affairs Close trust books and affairs\n\nExecutor Duties Checklists\n\n3\n\nExecutessary tax returns Provide notice to all creditors of time limit for claims Pay all debts and expenses of decedent, including funeral expenses Arrange for sale of estate assets, if necessary Distributnk accounts for estate Open decedent\'s safe deposit box File the will with probate court Inventory all estate assets Collect all monies and property due to decedent Pay all taxes due and file all necof assets Arrange for appraisal of assets Begin collection of assets Contact banks, savings and loans, and credit unions Contact mortgage companies Contact stockbroker and investment counselor Open baanies Contact newspaper and magazine subscription departments Contact credit card companies\n\nExecutor Duties Checklists\n\n2\n\nExecutor Financial Duties\nThese cannot be delegated. Begin inventory rtment of Motor Vehicles Arrange for management of business or real estate holdings Review all of decedent\'s records and legal documents Contact gas, telephone, cable, electric, trash, and water comp death benefits Contact Social Security Administration Obtain death certificates from attending physician Contact IRA or KEOGH account trustees Contact county recorder Contact post office Contact Depadical and health insurance companies Contact Medicare Contact union regarding pensions and death benefits Contact employer regarding pensions and death benefits Contact military regarding pensions andt guardians or trustees named in will\n\nExecutor Duties Checklists\n\n1\n\nExecutor Duties within First Month\nContact life insurance agent and report death Contact general insurance agent Contact meearers Contact mortuary or funeral home regarding services Arrange for immediate care of decedent\'s children Arrange for living expenses for decedent\'s spouse Contact veterans\' organizations Contacrding burial or cremation Contact local newspaper with obituary information Contact relatives and close friends Contact employer and business associates Contact lawyer and accountant Arrange for pallbe duties cannot be delegated. Following this list, a section is provided for listing such information for your executor.\n\nExecutor Duties Checklists\nImmediate Executor Duties\nContact cemetery regase time periods are approximations and many of the duties may be required to be performed either before or after the exact time specified. Also included in the checklist are the financial duties. Thessistance to your executor by being aware of his or her duties and providing the executor with information to help him or her. This checklist is divided into immediate and first-month time periods. Thethis list is extensive, there may be other personal tasks that are not included. Scanning this list can give you an idea of the scope and range of the executor\'s duties. You can provide invaluable asn\nInformation for Executor\n\n2\n\nExecutor Duties Checklist Instructions\nProvided on the following pages is a checklist of items that your executor may have to deal with after your death. Although a copy of your Property and Beneficiary Questionnaires, and a copy of the information contained in this kit. (Please go to http://www.findlegalforms.com for Property and Beneficiary Questionnaires.)\son chosen to be certain that he or she will be willing to act as executor. In addition, it is wise to provide your executor, in advance, with a copy of the will, a copy of any organ-donation desires, is being managed. By waiving this bond requirement, these potential bond fees can be eliminated and the money saved can be passed on to your beneficiaries. You should discuss your choice with the perur estate considerable money, depending upon the estate\'s size. The fees for executor bonds are based upon the size of the estate and can amount to hundreds of dollars for every year that your estatewill grant the executor broad powers to manage your estate and will also provide that he or she is not required to post a bond in order to be appointed to serve as executor. This provision can save yot is generally not wise to appoint two or more persons as co-executors. It is preferable to appoint your first choice as primary executor and the other person as alternate executor. In your will, you f the state in which you currently reside. In addition, all states require that executors be competent, of legal age (generally, over 18) and a citizen of the United States. Although it is possible, i handle or at least efficiently delegate the complicated tasks of making an inventory of all of your property and distributing it to your chosen beneficiaries. The person chosen should be a resident og, or other trusted party is usually chosen to act as executor, although a bank officer, accountant, or attorney can also be chosen. The person chosen should be someone you trust and whom you feel can are fulfilled). Normally, this is done without further court approval of the disbursement.\n\nChoosing an Executor\nYour choice of who should be your executor is a personal decision. A spouse, siblinete. The distribution of your property and money is usually handled solely by the executor\n\nInformation for Executor\n\n1\n\n(possibly with a lawyer\'s help to be certain that all legal requirements distribute all of the remaining property to the persons or organizations named in the will and probate is officially closed. The entire probate process generally takes from four to 18 months to compl an accounting and inventory of the estate\'s assets are then presented to the probate court by the executor. At this time, if everything appears to be in order, the executor is generally empowered tose and children until such time as all affairs of the deceased person are completed and the estate is closed. Upon completion of all business and payment of all outstanding charges against the estate, is most difficult if the will was properly prepared and signed by a competent, sane adult. The executor generally will also be empowered under state law to provide an allowance for the surviving spouly have a certain time period in which to make a claim against an estate. The same holds true for any contests (challenging the validity) of the will. Contesting a will is a fairly rare occurrence ands all creditors\' claims have been satisfied and other business of the estate completed. An inventory of all of the assets is typically the first official act of an executor. Creditors, by the way, onrs of administration. After the executor or administrator is given authority, he or she handles the collection of assets, management of the estate, and payment of any debts and taxes until such time a appointed to administer the estate is usually titled an administrator of the estate rather than an executor. The court orders granting authority to an administrator are generally referred to as lette an interest in the estate or claims against the estate. If the will is shown to be invalid, or if there is no will, the same sequence of events generally is followed. However, in this case, the partythe will, or if the one chosen cannot serve, the probate court will appoint one. The order of preference for appointment is commonly as follows: surviving spouse, next of kin, and then a person havingy referred to as letters testamentary. The probate court also officially appoints any trustees and also the parties who are designated as guardians of any minor children. If no executor was chosen in on proof that the will is valid, the executor is officially given legal authority to gather together all of the estate\'s property. This authority for the executor to administer the estate is generallsented is actually the deceased\'s will. This may be done in most states with a self-proving affidavit that is prepared and notarized that is prepared and notarized at the time your will is signed. Upt may be prudent to hire a lawyer to handle the probate proceeding. Upon presenting the will to the probate court, the will is proved, which means that it is determined whether or not the document pre of her or his duties in advance) locates the will and files it with the proper authority. If necessary, the executor arranges for the funeral and burial. If the estate is complicated or very large, iTypical Probate Proceeding\nUpon a person\'s death, in most states there is a general sequence of events which takes place. First, the executor appointed in the will (who, hopefully, has been notifiedort (including negligence or otherwise) arising in any way out of the use of these materials. An attorney should be consulted for all serious legal matters.\n\nInformation for Executor\nOverview of a ted to, procurement of substitute goods or services; loss of use, data, or profits; or business interruption) however caused and on any theory of liability, whether in contract, strict liability, or tfiliates, or ii) the providers, authors or publishers of the forms, be responsible or liable for any direct, indirect, incidental, special, exemplary, or consequential damages (including, but not limitability, suitability or completeness for any of the materials for your particular needs. The materials are used at your own risk. In no event will: i) FindLegalForms, Inc, its agents, partners, or afe of these materials is subject to the \"Disclaimers and Terms of Use\" found at findlegalforms.com. These materials are provided \"AS-IS.\" We do not give any express or implied warranties of merchanks to the digest are provided in Appendix A.\n\nDisclaimer No Attorney-Client relationship is created by use of these materials. FindLegalForms, Inc. does not provide legal advice. The purchase and usppointing an executor, you may wish to consult the laws in your state governing the operation of wills. For a brief overview of these laws, please visit our State Law Digest. For your convenience, linaterials to help you better understand the probate process, as well as the duties of the Executor of a will: Information for Executor Executor Duties Checklist Executor Information List Note: Before a challenge the legal establishment\'s monopoly on law. Probate, however, despite what many lawyers would have you believe, is not all that mysterious a matter. Included in this kit are the following m in mind. The system of court administration of the estates of deceased parties is generally entitled probate. How to avoid the probate court was the subject of one of the first self-help law books to Executor of your will, as well as information about the probate process. Before actually planning your will, an overview of how the legal system operates after a person\'s death may be useful to keepInformation Wills Executor Kit\nProvided under agreement with copyright holder, © Nova Publishing Company 2004\n\nThis kit provides tools and guidelines relating to the appointment and duties of the
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