Independent personal representative may employ appraisers, attorney, accountant or tax specialist
A person in charge of managing a dead person's estate (called an independent personal representative) is allowed to hire helpers. They can hire an appraiser to figure out what things in the estate are worth. They can also hire a lawyer, accountant, or tax expert to help with tax paperwork. These helpers get paid a fair amount from the estate's money.
473.797. may employ , attorney, accountant or . — 1. An independent personal representative may employ a qualified and to assist him in ascertaining the as of the date of the 's death of any the value of which may be subject to reasonable doubt. Different persons may be employed to appraise different kinds of included in the . The name and address of any shall be indicated on the with the item or items he appraised.
2. An independent personal representative may employ an attorney, or tax specialist holding a valid to practice before the U.S. Treasury to assist him in the preparation of any or any federal and state income tax s and such person shall be allowed out of the estate reasonable for such s. An independent personal representative may also employ accountants to assist him in federal and state income tax returns or establishing records of account and reporting on financial results in those estates requiring this service and such person shall be allowed out of the estate reasonable compensation for such service.
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Source & history notes
(L. 1980 S.B. 637) Effective 1-01-81
Related Missouri laws
Supplementary inventory, when required
RSMo 473.800
Inventory of property by independent personal representative
RSMo 473.793
Independent personal representative's right to decedent's property
RSMo 473.803
Duties of personal representative in independent administration
RSMo 473.787
Powers and duties of independent personal representative
RSMo 473.810
Dealing in good faith for value with independent representative protected
RSMo 473.811
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.