what happens if i sign off to be administrator of estate
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what happens if i sign off to be administrator of estate
I was sent a certified letter from attorney that family member hired on behalf of
my fathers estate, he died without will. I would like to know if i sign off not
to be administrator what does that mean? Is administrator in charge of
distributing assets? Thank You
Asked on March 25, 2018 under Estate Planning, Ohio
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
An adminsitrator of an estate is responsible for paying off estate debts, maintaining estate property until probate is clised, and distributing the reianng assets to the legal heirs. Basically, an adminsitrator handles the "adminstration" of estate matters. Further, an administrator typically bears no personal liability for performing their duties unless some type of fraud or self-dealing has been committed by them.
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
The administrator is in charge of collecting assets, paying any final bills or expenses, and distributing what is left over. You do not become personally liable or responsible for any costs or bills, but there is some--not necessarily a lot, but definitely some--work involved.
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