What steps to take during the probate process
Part of Probate process is requesting date of death values and getting appraisals to the assets. Throughout the process it is important to have complete transparency. Give the beneficiaries access to the attorneys, accountants and any other person involved in tabulating the value of the assets. What is most important is to get them involved with the decision process, which will alleviate any controversies that can arise during the process of distribution. It will also help you and making some decisions as sometimes two heads are better than one. The accountant will finalize the asset inventory list and file the required federal estate return.