Powers Of The Personal Representative

Question 1

What are duties of the personal representative?

Answer 1

Marshaling assets
Notice to creditors
Paying valid claims
Filing tax forms
Winding up decedents affairs
Distributing assets by terms of will or through intestacy

Question 2

Can a personal representative be paid?

Answer 2

reimbursements for reasonable expenses and reasonable compensation

Commission of 5% on receipts of sale of property

Question 3

Powers of personal representative?

Answer 3

Appoint agents/advisors

Sue and be sued on contracts

Make actions for wrongful death

Compromise claims of or against the estate