Make distributions to heirs and beneficiaries

Settle the Estate

Once final bills, debt, and taxes have been paid, the executor or administrator is ready to give remaining assets to the deceased’s surviving family, heirs, and beneficiaries.

This process is also governed by state probate laws and approval of certain paperwork is required before final distributions can be made.

The manner in which assets will be given to beneficiaries also depends on the probate laws of the state where the deceased lived.

If the deceased had a will, the will guides how assets should be given to beneficiaries.

In the absence of a will, state probate law will determine which heirs receive the deceased’s assets.

Tasks

Settle the Estate