Best Estate Planning Attorneys in Knoxville, TN

❓ Do you know the tasks of an estate executor? ❓ The process of estate closure involves settling the grantor's affairs, including the payment of outstanding liabilities such as credit cards, mortgages, and personal loans, as well as final medical and funeral expenses. The administrator's responsibilities extend to the distribution of assets and managing them until official ownership transfer. They must also handle non-probate assets like insurance policies, personal possessions, pensions, social security payments, and retirement accounts. Addressing creditors is vital before inheritance distribution. This requires the estate administrator to negotiate debts, possibly through property sales or insurance. Additionally, not all trust assets undergo probate, and asset transfer is usually subject to set conditions, such as a beneficiary's age. Don't let estate administration overwhelm you; reach out to Mark E. Tillery, Attorney at Law today for dedicated legal counsel aimed at safeguarding your loved ones.