I Have Been Appointed Executor… “What Do I Do Now?”

Occasionally an executor or fiduciary of an estate for one reason or another does not have clue of how to locate the assets or the liabilities of the decedent’s estate. It doesn’t matter if the decedent practiced shoddy bookkeeping or the surviving loved ones aren’t knowledgeable about what the decedent had or what they owed, these questions need to be answered. When faced with this challenge, most fiduciaries or executors strategy is to examine the decedent’s latest tax return and monitor the mail box for statements bills, statements from financial institutions or pension administrators. More and more individuals manage their finances online it making it more challenging to locate financial information because the online process requires passwords and eliminates the creation of paper statements. Delays in receiving this crucial information puts unneeded stress on the executor and usually prompts more inquiries from beneficiaries.

What can an Estate Executor can do to lighten the workload?

Capital Investigations comprehensive Estate Asset and Liability Search has the ability to locate all of a decedent’s assets and liabilities that include but not limited to: Bank Accounts & Brokerage Accounts, 401k, IRA, Safe Deposit Boxes, Securities, Pensions, Properties, Off Shore Accounts and Corporate Affiliations. Our Estate and Liability Search report eliminates the weeks or months an executor waits for statements, bills or checks and puts to rest any questions regarding the true value of the estate. We can put the estate on the fast track to close drastically reduce the time the estate spends in probate process.

Executors also use our comprehensive report to satisfy their due diligence requirement as executor and share the report with the beneficiaries to demonstrate the transparency of their work. Our Estate Asset and Liability Search will identify:

• Bank Accounts
• Brokerage Accounts 401k IRA
• Securities
• Pensions
• Off Shore Accounts
• Corporate Affiliations
• Safe Deposit Boxes
• Land & Property
• Autos, Boats & Air Craft
• Judgments
• Estate Liabilities Search: Capital Investigations will identify:
• Outstanding mortgages
• Outstanding lines of credit
• Credit Card balances
• Closed Credit Lines
• Auto loans

Benefits Include:

• Uncover Hidden or Unknown Assets
• Reduce the administrative burden on the executor
• Expedite the probate process for the executor
• Transparent Report for Beneficiaries

If you know an executor that is have difficulty or are currently serving as an executor and would like to know more about our Estate Asset and Liability Search please contact us at (973) 998-5410