MAXIMUM LEGAL SERVICES CORPORATION
Estate and Probate Administration
Professional administration and fiduciary support from MaxCorp.
When a loved one dies, families or friends may find themselves with the responsibility of handling and wrapping up the personal and financial affairs. This can be a daunting, time-consuming task that can take several years or more, depending on the complexity of the case. MaxCorp will help you navigate this process from notifying family and friends of the passing of a loved one to making funeral arrangements, to gathering information and assets from various financial institutions, to providing legal reports and information to beneficiaries/heirs, to distributing assets and paying taxes. MaxCorp’s legal, accounting, and social work team are well-equipped to undertake this task in a cost-effective and timely manner.
MaxCorp’s duties and services as Personal Representative of an Estate include the following:
- Collecting, valuing and taking possession of assets (not put into Trust and held individually by the deceased);
- Reviewing and executing appropriate sales and purchases for the benefit of the Estate;
- Settling creditors’ claims and outstanding debts;
- Working with a CPA to determine any tax liabilities and filing any necessary tax returns;
- Preparing a detailed final accounting;
- Communicating and working directly with family of the deceased, any heirs, and any legal counsel regarding the administration of the estate; and
- Distributing and closing the estate, including but not limited to working with any Trustee(s) or representing the estate in any court proceedings.