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yankeed
Guest
NJ..Father passed, had a self-proven class A Will. Went to surrogate court with will, gave me "an executor docket" Letter of Testamentary. What exactly does this mean? There are three children, with all to be divided equally. There is no real estate, only a few small life insurance policies, some cd's, and a money market account. Total approx 120M. I am the executor, and am dividing the monies as they come in. Am I doing the right thing? Surrogate court said, all I have to do is make sure his income taxes and bills are paid? Does this mean everything is closed? Is there anything I have to report, or to anyone? I am getting very confused. I don't want to do the wrong thing. I might mention here, that my father lived me with for the past 10 years, so his belongings are in my possession.