Several weeks ago, we penned a column addressing some of the most frequently asked questions about estate planning. One of the questions we answered involved the traits you should look for when ...
Losing a loved one is never easy — and if you’ve been named executor of their will, you’re also stepping into a big responsibility. An executor is the person legally appointed to settle the deceased’s ...
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 ...
The executor of an estate is the person tasked with tying up a deceased person’s affairs. Often, the duty falls to a spouse or another family member but can also be an attorney, an accountant or ...
Most people need time to process things when a family member dies. But if you’ve been named executor in their will, you have ...
A. We’re sorry to hear about your mom. Your first step should be to carefully review the terms of your mother’s will, paying particularly close attention to the ...
Is it advisable for my son to transfer some of his dad’s funds to a newly established account in his name so he can at least ...
Being either a successor trustee or an executor is often a big commitment that may last for years. You’ll be required to manage the trust assets, pay final bills and creditors and communicate with ...
But if you’ve been named executor in their will, you have to start processing immediately. After all, you’re now legally ...