- Action: Estate - Full Administration (without will)
This is interesting as it is still an open case. Rita's ex-husband passed away without a Will and Angela is next of kin and is legally the executor /fudicary of her dad's estate. She gave up that right and appointed her mom as executor. Even though Angela was not in Alaska when this was filed July 10, 2018, the Kenai address is considered her last permanent address even though she had moved into her dad's house in South Webster Ohio.
Consent To Waive Bond/Angela Wagner
Motion To Waive Bond Receipt: 4390 Date: 07/17/2018
An estate bond is a safeguard to ensure that the executor faithfully legally complies with their duties as the administrator of the estate. The estate bond acts like an insurance policy. The executor purchases the bond from a company that will compensate the beneficiaries of the will for any negligent or intentional bad acts of the executor.
Angela trusted her mom and waived the estate bond.
The Medicaid Estate Recovery means that her dad likely owed some unpaid medical bills which is usually the case when there is an illness.
An appraiser was hired by the estate to appraise all the real property (land and permanent structures) and to appraise the property, it's called taking an inventory, which includes
all the items that belong with the property including any vehicles.
The attorney representing the estate didn't get paid and and had to file a claim for $1,436.88. He filed a Motion To Withdraw As Counsel and sent the estate a past due notice for his fees.
02/27/2019 Receipts and disbursements
07/31/2019 Receipts and disbursements
A
Receipts and Disbursements document helps you notify parties of estate payments. Oftentimes, a court, or other interested party, will want a financial statement of the estate to to ensure it's being properly handled. A
Receipts and Disbursements document helps you organize estate management information and relay it to others.
07/31/2019 Fiduciary's account
07/31/2019 Assets remaining in fiduciary's hands
Fiduciary Accounts
Estate accounts are fiduciary accounts (as are Trusts and Escrows) established to oversee the final distribution of estate assets. In this case, an executor oversees the financial activities and ensures that all final liabilities are cleared before distribution.
Assets:
This distribution, the assets, goes to the heirs --- which in this case is Angela Wagner --- who is the next of kin and thus the legal heir of her father's estate.
Rita can be paid for her work on the estate.
