Being an executor is an important obligation not to be taken lightly. There are many duties that are necessary. Initial Work The Estate Trustee or executor’s first steps are to make funeral/burial arrangements, obtain the Funeral Director’s Proof of Death and deceased’s identification, bank and credit cards, Last Will (any codicils), valuables needing safekeeping, notify
What is an Administration Bond? An administration bond is a promise to pay under specified circumstances, undertaken by a prospective estate trustee, to protect the interests of the beneficiaries and creditors if the estate trustee misappropriates assets of the estate or otherwise perpetuates a fraud on the estate. The bond is obtained from a surety