Estate Settlement

The greatest benefit of the smooth and efficient transfer of assets is welcomed comfort, needed guidance and reduced stress for your family.

HEKB attorneys regularly advise executors and administrators with respect to the settlement of estates. When a loved one dies, there are many details that need to be addressed to carry out the terms of his or her estate plan. If he or she had a will and had assets in his or her own name, then an executor will be appointed in order to carryout the terms of the will. If he or she did not have a will, then an administrator will be appointed to manage these assets in accordance with state law.

Generally, an executor (or administrator) is charged with taking care of a number of important details, which will vary depending on the deceased person’s financial and family circumstances.Though not an exhaustive list, an executor is generally responsible for collecting estate assets and information, determining debts and claims against the estate, managing estate property, determining and paying all taxes and distributing the estate assets

The estate settlement process includes both:

(a) the probate proceeding, which is the mechanism set up by states to ensure that a person's debts (if any) are paid and that his or her property is distributed in accordance with his or her will, and

(b) the tax proceedings whereby the federal government and the State ensure that all estate, gift and income taxes are properly paid.

In the course of the settlement of the estate, there are also planning opportunities to be considered by the executor and the estate beneficiaries. These opportunities are often overlooked, and include various tax elections and deductions, disclaimer planning, options for dealing with retirement benefits, and planning for special needs beneficiaries.

HEKB attorneys are experienced in advising and assisting executors with respect to all aspects of the settlement process. We welcome the opportunity to be part of your estate settlement team by serving as your executor, or by representing you as executor, administrator, or as a beneficiary of an estate.

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MELISSA K. BURNETT-TESTA
mburnett-testa@hekblaw.com
401.283.1240

RENEЀ A.R. EVANGELISTA
revangelista@hekblaw.com
401.283.1238

KINNAIRD HOWLAND
khowland@hekblaw.com
401.283.1237

A. MAX KOHLENBERG
mkohlenberg@hekblaw.com
401.283.1239

EMMA D. BECKER
ebecker@hekblaw.com
401.283.1266

JOSHUA CASWELL
jcaswell@hekblaw.com
401.283.1254

CAROLINE ELLIOTT
celliott@hekblaw.com
401.283.1244

LEIGH E. FURTADO
lfurtado@hekblaw.com
401.283.1247

DANA T. PICKARD
dpickard@hekblaw.com
401.283.1262

COLIN SHERER
csherer@hekblaw.com
401.283.1241

JOSHUA SIMON
jsimon@hekblaw.com
401.283.1252

PAM VEASY
pveasy@hekblaw.com
401.283.1253