Disclaimer: This information is for educational purposes and does not constitute legal advice.
Detailed Answer
During probate in Washington, the personal representative (also known as executor or administrator) manages estate expenses and bills. Here is how to proceed:
1. Secure Personal Representative Authority
After probate begins, the court issues Letters Testamentary or Letters of Administration. These documents prove your authority. See RCW 11.96A.020.
2. Open an Estate Bank Account
Use estate assets—not personal funds—to pay expenses. Deposit all estate receipts in a dedicated account. RCW 11.76.030 governs deposit and investment of personal property.
3. Identify and Inventory Assets
Prepare an inventory of estate assets and submit it to the court within 60 days. See RCW 11.76.021. This inventory guides your payment decisions.
4. Notify Creditors and Manage Claims
Publish a notice to creditors in a local newspaper. Washington law gives creditors four months from the first publication to file claims. See RCW 11.40.020. Verify valid claims before payment.
5. Prioritize Ongoing Bills
Continue paying household utilities, mortgage or rent, insurance premiums, property taxes, and other recurring obligations. These payments protect estate value and beneficiaries’ interests.
6. Pay Administration Expenses
Pay funeral expenses, appraisal fees, attorney fees, and personal representative compensation before unsecured claims. See RCW 11.76.120.
7. Seek Court Approval for Extraordinary Expenses
For major repairs or unforeseen costs, you may need court authorization. File a petition and obtain an order before disbursing substantial funds.
8. Maintain Accurate Records
Track all disbursements and receipts. Keep detailed ledgers and save invoices. You’ll need these records for the final accounting and distribution.
Helpful Hints
- Keep estate and personal finances separate at all times.
- Use accounting software or spreadsheets for clarity.
- Consult an estate attorney for complex creditor disputes.
- Review Washington probate statutes on claims and expenses regularly.
- Communicate transparently with beneficiaries about estate finances.
- File the final accounting promptly to avoid delays.