You can be a "good" executor, even though carrying out someone's final wishes from their estate can be challenging.
Learn the differences between the executor of a will and power of attorney. Discover the pros and cons of having one person ...
An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...
You have the duty to take reasonable care of all estate property as a prudent man would do except for extraordinary casualties. You are required to protect the interests of the estate beneficiaries, ...
Being asked to be an executor is an honor you might want to pass up. Settling an estate typically involves tracking down and appraising assets, paying bills and creditors, filing final tax returns and ...
When someone passes away, it’s up to their executor to handle the probate process. But what happens if the executor of a will dies? While that’s a rarity, it can create complications as someone else ...
Choosing an executor of a will is an important part of estate planning. An executor ensures the will is carried out according to the wishes of its author. Many or all of the products on this page are ...
Dear Liz: A lifelong friend has made me executor of his will. He has one brother who is named in the will only to be told that he is not included. My friend’s estate is left to two other lifelong ...
Imagine this scenario: Christine is in her 70s and needs to revise her will. The last time she looked at the document, her husband was still alive and their three children were toddlers. A lot has ...
Being an executor is a big job, and a responsible one. You can be held liable for any egregious errors made in the process, so you clearly wish to focus on the job at hand, but I recommend telling ...
She had carefully planned her estate so that there would be no surprises. She had even prepaid all funeral expenses. I have power of attorney for her estate. She had 2 IRAs that were dispersed equally ...