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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.
Who is an authorized personal representative?
A patients Personal Representative is the person who has the authority, under California law, to make health care decisions on behalf of the patient. Although there are exceptions, in general a person who has the capacity to make his or her own health care decisions does not have a Personal Representative.
Who qualifies as a personal representative?
A personal representative is the person, or it may be more than one person, who is legally entitled to administer the estate of the person who has died (referred to as the deceased). The term personal representatives, sometimes abbreviated to PR, is used because it includes both executors and administrators.
Whats the difference between a personal representative and power of attorney?
The Key Differences between a POA and a PR: Purpose: A Power of Attorney is often used for incapacity planning or to facilitate decision making during the individuals lifetime, while a PR is appointed to handle the affairs of a deceased individuals estate after their death.
Who is the personal representative in DC?
(a) A personal representative, whether supervised or unsupervised, is a fiduciary who, in addition to the specific duties expressed in this title, is under a general duty to settle and distribute the estate of the decedent in accordance with the terms of the will or laws relating to intestacy and this title, as
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D.C. probate RulesDC Probate FormsDC Probate Self-Help CenterDC Probate large estate formsDC probate Case SearchDC Probate Court appointmentDC Register of Wills estate SearchDC Probate Court phone number
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There is no requirement in DC that the personal representative be related by blood to the decedent. The decedent has the right to nominate anyone they wish to serve as personal representative. It could be a friend, an attorney, or another professional advisor.
How much should a personal representative be paid?
California Probate Code Section 10810 dictates that a personal representative will receive the following compensation based on the gross value of the decedents probate estate: 4% of the first $100,000. 3% of the next $100,000. 2% of the next $800,000.
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2017 Publication 501
Jan 2, 2018 A personal representative for a de- cedent can change from a joint return elected by the surviving spouse to a separate return for the decedent.
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