In this episode we dive into the crucial steps to take when handling the estate of a deceased loved one. From gathering essential documents like wills and death certificates to understanding account titling, probate thresholds, and tax filings, we break down the key responsibilities of executors and personal representatives. We also discuss Form 1041, the fiduciary income tax return, and how estate income is managed. If you’ve ever wondered where to start when a family member passes, this episode provides a practical roadmap for navigating the process.
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