What is the name of your state? PA
This is a slightly different question so I will start a new thread.
I am executor of mother's simple will. All of her assets will flow directly to beneficiaries except for $40,000 cash account which has her estate listed as beneficiary. All of my siblings agree that I will distribute this money to them equally as called for in mother's will.
Do I need to hire a lawyer? Why can't I simply pay mother's funeral expenses out of this $40,000 and distribute the balance to my siblings? Does the will have to be recorded or are there other functions which must be performed by a lawyer?
This is a slightly different question so I will start a new thread.
I am executor of mother's simple will. All of her assets will flow directly to beneficiaries except for $40,000 cash account which has her estate listed as beneficiary. All of my siblings agree that I will distribute this money to them equally as called for in mother's will.
Do I need to hire a lawyer? Why can't I simply pay mother's funeral expenses out of this $40,000 and distribute the balance to my siblings? Does the will have to be recorded or are there other functions which must be performed by a lawyer?