Estate Trust & Administration

How will your estate be administered?

There are three main types of "estate" administration depending on the estate plan a deceased person had in place.   The first type is called testate probate administration.  This simply means the deceased person had a last will and testament in place at the time of their death in which they designated who should administer their estate and who should inherit their assets.  Testate probate administration involves filing paperwork to open a formal estate with the probate court and filing specific required reports throughout the administration of the deceased person’s estate to report all activity (i.e. date of death values, expenses paid,...

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