Finally, there is Modified Administration, which may be elected within three months of the opening of a regular estate. In order to qualify for modified administration, all the residuary beneficiaries – those persons named in the decedent’s Will or a person’s heirs, must be either the Personal Representative, surviving spouse, or children. Modified Administration is a much quicker option, but if any deadline is missed, the Estate will revert to a regular estate administration.
-
Recent Posts
Recent Comments
Archives
- April 2019
- July 2017
- April 2017
- December 2016
- November 2016
- July 2016
- March 2016
- October 2015
- April 2015
- September 2014
- June 2014
- March 2014
- December 2013
- July 2013
- May 2013
- January 2013
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- December 2011
- November 2011
- October 2011
Meta