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Frequently asked questions about paying the debts of an estate

Acting as the executor or administrator of someone’s estate is rarely an easy task. They are entrusted with important tasks that must be carried out for assets to distribute as the deceased intended. One of those tasks is paying off any debts attached to the estate. 

How to prepare the inventory and appraisal for an estate

One of the most important steps for someone administering an estate is completing the inventory and appraisal of the deceased person’s property. They provide this information to the state using the Inventory and Appraisal Form, which includes two attachments. The attachments are the essential part of the form, as they are the actual lists of assets.

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