If you are the executor of a deceased person's estate, you undoubtedly want to do a good job. With luck, the person whose estate you are administering left precise instructions to guide you through the process. Still, you should realize you have some fiduciary...
As the executor to a will for a family member, you may have a lot on your plate: inventorying and appraising assets, paying debts and potentially selling valuable real estate. However, you may also have concerns about how other family members will feel about you...
Executors to a will may have to handle a wide range of tasks depending on the size and complexity of the estate. From appraising assets and settling debts to selling real estate and distributing property to beneficiaries, probate can be a long and complicated process....
If you are an estate administrator, you know that many financial assets are simply going to be listed in the will. For instance, the individual who passed away may have had a bank account with a significant balance, and they wanted it to be split up between their...
The decision to create a will is an enormous one. A will makes clear the testator’s intentions regarding their estate and ensures that their assets are distributed according to their wishes. Basically, an estate executor is responsible for facilitating the probate...
If you have been appointed as the personal representative of someone's estate, you're probably wondering whether the entire estate, including property and trusts, will have to go through the probate process. Some types of assets are subject to probate while others are...
The executor of an estate is the individual who is tasked with making sure that the wishes of the deceased are carried out as instructed. This may sound very simple in theory but, in practice, it can actually be quite challenging. You’re a family member of the...
As the estate administrator, you know that it’s your job to pass the assets out to the heirs. The will is your guidebook that tells you how this is supposed to be done. You have to follow the instructions laid out for you by the person who died. Say that estate plan...
Your elderly relative named you as the executor of their will. Now they are dead, you’re keen to carry out this task to the best of your abilities, but you’re not quite sure what being an executor entails. To carry out this assignment effectively, you’re going to need...
After a loved one has passed away, the estate executor takes charge. They help to work through the probate process by getting the will admitted to probate, gathering and managing the assets, paying the bills and things of this nature. Ultimately they will distribute...