Pay Final Bills and Guard against Financial Fraud.
8. Pay Final Bills and Guard against Financial Fraud
In the process of paying the final bills for someone who’s passed, remember about things like property taxes or income taxes that may be due. A good CPA can file a final 1040 for the deceased individual and, if required, a Form 1041, an estate income tax return.
Fulfilling the duties of an executor also means protecting the deceased person and his or her heirs against financial fraud and exploitation.
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