"Estate administration" refers to the process which must be followed when the estate of a person who has recently died is being distributed, either according to his or her wishes as laid out in a will, or the laws governing the distribution of the assets of a person who dies without a will.

If the decedent had the foresight to draft and execute a will in Richmond, Kentucky, the estate is usually administered in a way that follows the instructions the will lays out, as closely as possible.

Wills usually name an executor. The executor's role revolves around ensuring that the instructions in the will are implemented.

The person named as executor of an estate normally has some work ahead of them. To ensure that they really follow through on their obligations, most people name as executor the person who will get the most money, or other benefit, if the will is given effect as written. Because an estate can't be distributed until the administration process is complete, the executor has an incentive to see it through.

What if The Will Does Not Name an Executor?

If a Richmond, Kentucky will does not appoint anyone to serve as executor, or there is no will, the court has to choose someone to fill that role.

This is most commonly the person who stands to gain the most from the will, or who would inherit the most under Kentucky's intestacy laws. Intestacy is the system that every state has in order to deal with the property of people who die without a will. It normally distributes the property to the closest living relatives of the decedent, assuming they can be located.

If the will doesn't name anyone as executor, or the person who was named as executor is no longer living or cannot be found, anyone who has a direct interest in the will in Richmond, Kentucky can apply to the court to be the executor.

Whoever is appointed to serve as executor, it is their job to act as the representative of the estate. Among other jobs, they have to account for the decedent's debts and assets, and inform any beneficiaries who might be unaware of the situation.

Can a Richmond, Kentucky Estate Administration Attorney Help?

If you are the administrator of an estate, and are not a legal and/or financial professional, you might face legal or tax issues with which you are unfamiliar. A Richmond, Kentucky attorney would be extremely helpful in such a situation.