Estate Administration is the process by which the assets of a deceased individual are transferred to his or her beneficiaries or heirs. The Process begins with the probating or presenting of the Last Will & Testament to the County Surrogate. Once the Will is accepted by the Surrogate, Letters Testamentary are issued authorizing the Executor to be the personal representative of the decedent for purposes of settling the estate. In the absence of a will, the Surrogate will issue Letters of Administration authorizing the Administrator to be the personal representative of the decedent’s estate. Once Letters are issued the Executor or Administrator is authorized to pay the debts of the decedent, pay the taxes due as a result of the death, transfer the decedent’s remaining assets out of his or her name and distribute them in accordance with the terms of the Will or when there is no Will in accordance with the Intestacy Statutes.
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