When a loved one dies without a will, the Probate Court will approve the estate administrator. This person acts in the same capacity which an estate executor would act: they inventory the estate, notify heirs and creditors, pay bills and distribute assets, and file final reports and taxes.
While a family member, or close friend, may serve as administrator, in some instances it may be beneficial to hire a professional. Overly complex estates, disputes among family members, and even overseas investments can complicate the estate distribution process. Hiring a professional who can maneuver through the detailed process involved in settling an estate, and has a duty to act in the best interest of the heirs may be the best solution.
If your family recently lost a loved one and there is no will, contact CB Fiduciary Services. CB Fiduciary Services can perform the services of administrator of the estate on behalf of your family. An experienced, qualified, and licensed fiduciary can help ease the burden of managing an estate, particularly one that is very complicated.