Summary
As an independent administrator and plenary guardian, you must manage the estates property, pay debts, and distribute assets. Lawsuit funds should go into the estate account for proper distribution. If you can still access an old account, it may not be part of the estate, but consult a local attorney to ensure compliance with legal requirements.Full Conversation
Chicago ill
Hello Brenda. It's great to meet you. Could you please give more information on the specific legal issue you're facing in Chicago, Illinois?
My brother passesd away im the GDNUCO on his account but the courts made me the independent administrator and also im the plenary guardian of estate and person
Hello Brenda. I'm sorry for your loss. As the independent administrator and plenary guardian, you have legal duties. Here are some:
*. Manage the estate's property
*. Pay any estate debts
*. Distribute the estate's assets
Can you clarify what specific information you need?
He just won a lawsuit but they had me place the chevk in a estate account
Hello Brenda. As the independent administrator, funds from the lawsuit would typically go into the estate account. This process ensures proper distribution among the heirs and paying off any estate debts. Do you need information on how to distribute these funds?
What about the old account that has my name on it
Hello Brenda. If the old account is separate from the estate, it's typically unaffected by your brother's death. However, if it's a joint account or has other connections to the estate, it could be part of the estate. Would you like more information on this?
Yes because im still able to access this account they havent tol me anything im lost in this
Hello Brenda. If you can still access the account, it's likely not part of the estate. However, it's crucial to consult with a local attorney to ensure you're following all legal requirements. This is general advice and may not be applicable in your specific situation.
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