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Hooper Law Office,LLC Estate Planning Blog

Wednesday, February 6, 2013

As Personal Representative / Trustee, when can I make distributions or pay bills?

 

If the estate is being probated the court and all heirs have to approve the nominated personal representative. Once approved, the personal representative is issued Domiciliary Letters which signify the personal representative’s authority. After these letters are received, the personal representative can carry out the responsibilities required to close the estate, such as; pay bills, file claims on any of the decedent’s policies, and make distributions. A trustee has the same authority as a personal representative, but can act almost immediately without the process of approval from the heirs or court. Keep in mind, when you make distributions and pay bills, you will need to have a full accounting before the estate can be closed. 


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