A Personal Representative is often called an "executor" or "administrator." The Personal Representative is responsible for managing the estate of a person who has passed away.
A Personal Representative has many duties:
- Prepare an inventory of the decedent's estate within 90 days of appointment.
- File the inventory with the court, or send it to interested persons and then file a statement with the court to that effect.
- Establish the priority of claims against the estate and pay the decedent's final bills.
- Serve notice to known and publish notice to unknown creditors.
- Manage and preserve the assets until they can be distributed to beneficiaries.
There are several situations in which a private Personal Representative may be needed to manage an estate:
- The decedent left no will.
- The Personal Representative named in the will predeceased the decedent.
- The Personal Representative named in the will is unable or unwilling to serve and a substitute is required.
As both a licensed Arizona attorney and a licensed Arizona fiduciary, I am uniquely qualified to serve as a Personal Representative. Contact me today to learn how I can help you navigate the death of a loved one.