Page 1 of 5. PRIVACY THRESHOLD ANALYSIS (PTA) This form is used to determine whether. a Privacy Impact Assessment is required. Please use the attached form to determine whether a Privacy Impact Assessment (PIA) is required under. the EâGovernment Act of 2002 and the Homeland Security Act of 2002.
The executor is also responsible for any estate taxes when due. Estate taxes are only applicable to very large estates -- in excess of $5 million. An executor typically cannot settle a large estate that owes taxes until he files an estate tax return and receives an estate tax closing letter from the IRS. The IRS estimates a wait of about four to six months after the executor files the estate tax return to receive the closing letter.
the amount of time you have to commit look over the list of responsibilities and then take a look at the size of the estate an executor can spend six months or more administering an estate how familiar you are with the estate