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Video Guide on Personal Representative Forms management

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Commonly Asked Questions about Personal Representative Forms

A personal representative, also referred to as an Executor or Administrator, is the individual entrusted with the responsibility of managing the estate of a deceased person. This designation can be made by the decedent through their Estate Plan, but is not confirmed until formally appointed by the probate court. Personal representative in Probate Role Responsibilities - Trust Will trustandwill.com learn personal-representative trustandwill.com learn personal-representative
In reality, there isnt a docHub 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.
As a personal representative (an executor or administrator) youre legally responsible for the money, property and possessions of the person who died (the estates assets). Youre responsible for the assets from the date of death until the date everything has been passed on to the beneficiaries.
The primary difference between the Personal Representative (PR) and the person appointed under a power of attorney the attorney in fact (the POA) is that the PR is administering the estate after the person has passed away and the POA is caring for the person while they are incapacitated, but still living.
Form 1310 is a tax form that is used to claim a refund for a deceased taxpayer. Form 1310 informs the Internal Revenue Service (IRS) that a taxpayer has died and that a refund is being claimed by their beneficiaries and/or estate.
Plain English translation: A personal representative is typically the person appointed to be in charge of a decedents estate. A personal representative is generally considered either an executor (if the decedent died with a will) or an administrator (if the decedent died without a will).