Video instructions and help with filling out and completing Who Form 5495 Probate

Instructions and Help about Who Form 5495 Probate

Sometimes people ask well how do I draw up the paperwork necessary for me as an executive to my job and the very best answer and this is the one that you've got to take very seriously is to go to a qualified lawyer that can help you do not do this at home and the reason you don't want to do it at home is that there's a lot of legal liability that comes with acting as an executor you have what's called a fiduciary duty and in the law there is no Duty higher than that is a fiduciary you've got to look out for the rights and to the benefit of the ears more than your own and if you're an heir you can't put your share your interest above anybody else's and if you don't have a lawyer holding your hand walking you through this minefield you can step out of mind get your foot or leg blown off or die without even knowing that you made a mistake and you won't find out you made a mistake until much later litigation trial work fights in this area of the law are gonna increase as the amount of money that's going from one generation to another increases - so make sure that you go to a good lawyer make sure that they've got plenty of probate experience ask them to help you it's not your own money you're spending it's the estate's money you're spending and so you may be an heir again and you may be spending part of your money but you're also gonna be spending the estate's money and it will be a good investment for you to keep you out of trouble and make sure to the best extent possible we keep everybody else happy whatever money is available whatever money somebody inherits is never worth destroyed a family or destroying your position and family over that money