TRUST DEPT. - ESTATE ADMINISTRATION SERVICES
The Washington State Bank Trust Department is a vital link with the decedent's family and is always available to answer questions or to discuss the progress of the estate.
Call us at (319) 653-3921 or visit the Contact Us page if you have any questions.
About our Services
The Washington State Bank, having been appointed by the District Court as Personal Representative of an estate (synonymous with Executor or Administrator), will perform numerous personalized duties:
Marshal all the assets and liabilities of the estate.Arrange for the appraisal of the assets.Determine the beneficiaries' and the estate's cash needs as well as the estimated income from the estate.Continue to manage all of the assets and collect all the income from whatever source.Pay debts of the estate and defend it against improper claims.Assist in the preparation of the decedent's final income tax returns, the estate's income tax returns and the federal estate and Iowa inheritance tax returns.Pay all specific bequests and make final distribution of the estate as set forth in the Will or as prescribed by law.Prepare an accounting fro the Probate Court and the beneficiaries detailing all of the transactions which occurred during the estate administration.Review the progress of the estate from time to time with the heirs.