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Eldercare
Reply to "What do you do when someone passes away and you are executor?"
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[quote=Anonymous]Its dated some but the book "Please don't die, but if you do What Do I do Next" (on Amazon) was very helpful in covering things (some that a lawyer wouldn't help with). I did my father's estate without a lawyer and things went fine - three way split among his children. The Register of Will office was very helpful. In Maryland there is a "Modified Administration" which can be used for straight forward estates with friendly beneficiaries. It greatly reduces the paperwork and court oversight. (Register of Wills has instructions/forms on line). Most Investment companies have offices that deal with death of an account owner. They will send you the paperwork needed to split accounts, etc. Generally they want a death certificate or proof you're the executor (provided by the court). Verizon took more time than some of the big accounts. Really all the state and federal government care about is they get any taxes (estate, inheritance) coming to them.[/quote]
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