If you are named executor in your loved one’s will, you are responsible for the estate’s finances, including paying bills, managing any income, and taking inventory of assets. In order to do this, the court needs to issue legal authority through letters of testamentary.

Purpose of Letters of Testamentary:

• These documents enable you to establish an estate bank account, essential for managing various financial aspects:some text
  • Incoming funds (e.g., paychecks, dividends, tax refunds).
  • One-time expenses (e.g., funeral costs, income tax, credit card payments).
  • Ongoing payments (e.g., mortgage, utilities, insurance).

Next Steps:

1. If you're named the executor, start by filing an application with the probate court. Include the will, death certificate, and any state-specific required forms.
2. Court will schedule a hearing - Attend to demonstrate your competence for executor responsibilities.
3. After approval, obtain multiple copies of the issued letters testamentary, as various financial institutions will request this document.

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