In Riverdale Park, Maryland, probate is the procedure in which a court validates or voids a will.
As part of the probate procedure, the court in Riverdale Park, Maryland will decide the validity of the will, inventory the decedent's assets and debts, then, assuming everything is deemed to be in order, distribute the estate according to the will.
The executor of the estate is often named in the will. If not, the probate court in Riverdale Park, Maryland will name will appoint a person to serve as executor. This is normally the person who stands to inherit the most under the will.
The executor is the person accountable for initiating the probate proceedings. The person who would inherit the most from the will is appointed, because they have the greatest incentive to move the process along as quickly as possible, so they can get their inheritance.
Duties of the Executor in Riverdale Park, Maryland
There are quite a few things that an executor is accountable for. At the outset, they are obligated to file the probate action with the appropriate court. No progress, let alone any final disposition of the estate, can be made until this happens.
Furthermore, the executor has to make sure that the decedent's relatives and other people named in the will have notice of the testator's death, normally through the filing of a copy of the official death certificate.
Executors are also obligated to make accessible an accounting of the testator's debts and assets, so their affairs can be wound up, along with a list of everybody who is named in the will, or otherwise stands to inherit.
Because the executor serves as the living representation of the decedent's estate, they are solely accountable for proving the validity of the will. This is a lot of work, but because executors are normally chosen based on how much they stand to inherit from a will once its validity is confirmed, they have a good incentive to see the process to finalization.
How Can A Riverdale Park, Maryland Lawyer Help?
Because of the intricacies involved in probate, it would be a seasoned idea to consult with and retain a Riverdale Park, Maryland attorney who specializes in probate, especially if you are the executor of an estate.