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ARTICLE · 18 JUNE 2024

A Guide To The Administration Of An Estate

Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
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Administration of an estate of a loved one that has passed away is a very delicate matter that needs to be dealt with high proficiency and discretion.

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Administration of an estate of a loved one that has passed away is a very delicate matter that needs to be dealt with high proficiency and discretion. This guide outlines the procedural steps for managing the estate of an individual who passed away intestate (without a will).

  1. 1. Appointment of an Administrator
  • All rightful and legal heirs must agree on and consent to the appointment of an Administrator.
  • Following the heirs' consent, an application needs to be filed to Court to obtain "letters of administration," which will officially authorize the administrator to manage the estate of the deceased.
  1. Asset Identification and Inventory
  • The Administrator should conduct comprehensive searches to identify all assets owned by the deceased at the time of death as well as any debts of the deceased.

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