This publication is designed to help those in charge (personal representatives) of the property (estate) of an individual who has died (decedent). You can deduct a part of your medical and dental expenses, and amounts you paid for certain taxes, interest, contributions, and other expenses.You will have to file all necessary tax forms and open a checking account in the name of the estate to pay any estate expenses. These are the official forms for use in Surrogate's Court proceedings. Complete the information requested on the Mail-in Claim Form page. How will Joint accounts be handled? This includes mortgage payments, home equity loans, income taxes, property taxes, and other applicable accounts. How does estate tax work? Imagine that at death, all the assets you own or have an interest in are captured in a snapshot.