Duties and Liabilities of Personal Representative Form DE
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People also ask
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What is a DE 147?
DE-147 DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE (Probate) Page 1. DUTIES AND LIABILITIES OF PERSONAL REPRESENTATIVE. When the court appoints you as personal representative of an estate, you become an officer of the court and assume. certain duties and obligations.
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Is a personal representative the same as an executor?
In reality, there isn't a signNow difference between the two, and the terms can be used interchangeably in many cases. The primary difference lies in which state has jurisdiction over the probate. Some states use the term Personal Representative, and some states use the term Executor.
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What is a confidential supplement to duties and liabilities?
Confidential Supplement to Duties and Liabilities of Personal Representative (DE-147(S)) People who have asked a court to be appointed as a personal representative of an estate use this to confidentially give a court that requires it their birth date and driver's license number.
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What are the duties and liabilities of a personal representative?
Generally speaking, a Personal Representative is responsible for opening the estate, collecting the assets of the estate, protecting the estate property, preparing an inventory of the property, paying various estate expenses, valid claims (including debts and taxes) against the estate, representing the estate in claims ...
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Is a personal representative the same as an executor?
In reality, there isn't a signNow difference between the two, and the terms can be used interchangeably in many cases. The primary difference lies in which state has jurisdiction over the probate. Some states use the term Personal Representative, and some states use the term Executor.
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