Monday, April 7, 2008

Equitable distribution of estates and the property

Be careful with groups that offer to clean up and sell and distribute the personal property of the Estate. Your loved one's Will will tell the Executor who gets what and how the property gets distributed. You can hire a company to come in and buy the property and distribute it according to the Will or New York State Intestate Law but a company or group can't distribute the property equitable or how they see fit. Be careful what you do as an executor. Cheap is not always the best way. You get what you pay for.

As an executor or administrator, you must fulfill your fiduciary duties. Please call before you hire such a company.

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