Skip to main content

Posts

Showing posts with the label iowa executor

Iowa Executor: Are You Risking Liability for Costly Mistakes?

Navigating the responsibilities of an estate executor, officially known as a Personal Representative in Iowa, can feel like stepping into a complex labyrinth. When a loved one passes away, grief can be overwhelming, and the added weight of legal and financial duties can be daunting. Yet, this role is crucial for ensuring the decedent's final wishes are honored and their estate is properly managed. This article aims to demystify the process, offering clear, actionable guidance for those tasked with this significant responsibility in Iowa. Understanding Your Role: Executor vs. Personal Representative in Iowa In Iowa, the individual named in a will to manage the deceased person's estate is typically referred to as the Executor. However, legally, the Iowa Code often uses the term "Personal Representative" (PR) to describe anyone appointed by the court to administer an estate, whether named in a will or appointed without one. For the purposes of this discus...