If I'm a personal rep for an estate, do I have to flie taxes at the end of the year and, if so, does that mean that the money need to be held just in case?

Question Details: We just sold an house and the proceeds are to be spilt between people listed in the Will. I plan to open and estate bank account so I can deposit the check and then distribute it to eact person. I don't want to pay out the money then it comes back the money is owed for taxes or something.

Catherine Blackburn / Blackburn Law Firm Answered 6 years ago | Contributor
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