Have you ever thought, "I am a Personal Representative...now what do I do???" If so, then keep reading, your mind may seem a little less cluttered at the end of this article.

[caption id="" align="aligncenter" width="300"] Personal Representative Denver Colorado[/caption]   If you have been nominated or appointed as a Personal Representative for an estate it is important to know your responsibilities in that role. A personal representative has a fiduciary duty to the beneficiaries, the estate, creditors, and other interested parties. Some specific duties of a personal representative may include:

• Administering the estate with care and judiciousness
• Making sure the interests of the estate take priority over the interests of the personal representative
• To treat each party fairly, equally, and without bias
• To keep accurate records of all estate matters
• To keep the court informed of all information required

A personal representative not only has many duties and responsibilities, but they also have many rights associated with the estate. They have the right to sell, encumber, or transfer assets and real property, make arrangements with creditors, and open and look after bank accounts. Being a personal representative is not effortless, but they are entitled to reasonable compensation for their time and services. It is up to the personal representative whether or not they will accept this compensation. To find out more about being a personal representative and assistance with the probate process, call for a free thirty-minute probate consultation with an experienced attorney at Ambler Keenan Mitchell Johnson in Denver, Colorado.