For nearly 25 years, attorney Paul Ganim has been at the side of Connecticut residents throughout every stage of the probate process. During difficult times, he helps estate executors understand their fiduciary duties and responsibilities, and beneficiaries assert their inheritance rights.
Administration of the estate is a complex aspect of probate, specifically the selection of a qualified appraiser to identify the true value of assets. Simply stated, prior to distribution for sales, you want to get it right the first time.
Not all assets require reporting, such as insurance policies, annuities, joint bank accounts and other assets that are payable to a named beneficiary. The executor/administrator will need the “date-of-death” value to ensure an accurate estate tax return.
Prior to closing the estate, the personal representative takes the following steps:
- Filing the appraisal, along with the inventory with the court
- Satisfying estate obligations
- Satisfying mandated waiting periods
- Filing final accounting and petition for distribution
It is important to note that all information filed with the court is public record.
You need dedicated legal advocacy when a family member has died with or without a will. You need answers to your questions. You are entitled to peace of mind during a difficult time in your family’s lives. For more information or to schedule a free consultation, fill out our intake form or call attorney Paul Ganim and his staff at 203-864-6625.