A quote is an estimate of an expense, for example, when renovating a kitchen a home owner will often speak with several contractors to gather quotes for the job. Executors should be aware that any quotes received during estate administration are estimates only, so it would be wise to be clear with beneficiaries that final costs may differ from quotes received.
What you need to know
What to do when a loved one dies
When people die, they leave behind a life that must be closed out. Don't tackle it all alone. From planning the funeral to tackling the legal & financial estate, here's an ultimate checklist of all the things an executor needs to do following the loss of a loved one.
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