Finding out that you have been selected to be a family member’s Executor can be both an honor and a huge time commitment. Although each estate administration varies depending on the complexity and ...
In my practice as investment counsel to high-net-worth families, one of my roles is to help clients plan for family and charitable legacies. That involves integrating financial and estate planning, a ...
When someone dies, others may be called on to manage their estate. An executor is charged with overseeing the distribution of someone’s assets according to the will or state inheritance laws if they ...
Dear Amy: Our widowed father died three years ago. He left a moderate estate to his seven children. Our sister "Tracy" was named executor. She sold his condo and accessed various accounts and divided ...
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 ...
Selecting an executor for your estate is one of the most crucial decisions in the estate planning process. The executor will be responsible for managing your assets, ensuring that your wishes are ...
You are not an executor until the court admits the decedent’s will to probate, signs an order appointing you as executor, and you take the executor’s oath. Courtesy / Getty Images/iStockphoto If you ...
Simply put, an executor manages the last will and testament of someone who dies. Acting as an executor is an honour and a huge responsibility. As the designated representative of the deceased, ...
After my father was diagnosed with a brain tumor in 2020, I started my role as his estate executor using my Power-of-Attorney or POA designation and wrote about those activities in my article titled ...
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