So you've been handed the responsibility of handling the estate of a loved one? Here are 10 things that you need to do as you get started:

1. Gather Important Documents
   Locate the will, trust documents, financial records, deeds, and any other important paperwork.

2. Open an Estate Account
   Set up a separate bank account to manage the decedent's funds and pay expenses.

3. Notify Relevant Parties
   Inform beneficiaries, creditors, and institutions (like banks and insurance companies) of the decedent's passing.

4. Secure Estate Assets
   Protect and inventory all assets, including real estate, vehicles, and valuable personal property.

5. Obtain an EIN for the Estate
   Apply for an Employer Identification Number (EIN) with the IRS to handle estate taxes and other financial matters.

6. Pay Outstanding Debts
   Identify and pay any legitimate debts or taxes owed by the estate to avoid penalties.

7. Distribute Inheritance
   Follow the terms of the will or trust to distribute assets to the rightful beneficiaries.

8. File Final Tax Returns
   Prepare and file the decedent's final income tax return and the estate tax return if necessary.

9. Hire Professional Help
   Work with an attorney, accountant, or probate expert to navigate complex legal and financial issues.

10. Maintain Communication
    Keep beneficiaries informed throughout the process to minimize confusion and disputes.

Need Help Navigating Probate?
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