Local Law Firms Home > Probate & Estate Planning Wills Overview > Probate FAQ's Q: What are the ways to protect assets of the probate estate? |
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An executor of an estate is considered a fiduciary and has specific duties and obligations.
Probate law usually encourages or provides for partial distribution during the period of administration. During this time, assets or property may be distributed instead of being sold. Additionally, inheritance tax laws frequently place the executor or personal representative in charge of filing and making tax payments. As such, the choice of an executor is a vital one.