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, ...
You can be a "good" executor, even though carrying out someone's final wishes from their estate can be challenging.
While teaching Estate Planning and Taxation at SFA, I prepared a handout on “Duties of the Executor.” It is detailed but is not all inclusive. Several of my students told me that they shared the ...
Administering to a deceased person’s estate requires a lot of thankless work. Most people only act as an executor once or twice in their life — you might only probate your surviving parent’s will and ...
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 ...
Tax Guy What does an estate executor do? Here’s a checklist of the most important financial duties There are plenty of tax questions when a loved one passes away, but what other financial issues could ...
The executor of an estate is someone who wraps up a deceased individual’s financial affairs. If the deceased has a will, the will usually names a close relative, friend, accountant, attorney or ...
Dear Mr. Premack: Many years ago I agreed to act as Executor for the estate of a close relative. Now, she is very ill and may be near death. I find myself having second thoughts about being Executor.
Learn the differences between the executor of a will and power of attorney. Discover the pros and cons of having one person ...
David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.