BUSINESSWEEK ONLINE : MARCH 1, 1999 ISSUE
PERSONAL BUSINESS

Survivors' Checklist


When someone dies intestate, potential heirs should:

GET A LAWYER
Unraveling an estate can be complex, with laws varying from state to state. A lawyer can untangle the process.

PICK A PERSONAL REPRESENTATIVE
Avoid squabbles by choosing a responsible relative, friend, or professional to administer the estate.

MINIMIZE THE TAX BITE
Determine whether you should disclaim your inheritance, letting it pass to a third generation with fewer taxes.



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