Who Should I And Shouldn’t Choose as My Executor?

An executor plays a crucial role in the distribution of your estate. This person has many different tasks that must be completed in a properly documented and thorough manner. This makes it all the most important to select an executor who has comfort in serving in this role and who understands of what will be… Read More »

Multiple Executors Can Cause Problems

As a parent, you may be interested in naming all of your children as the executor of your will because you want no one to feel as though they have been left out. You certainly have the option to name multiple children as co-personal representatives. However, this presents a unique range of problems. It can… Read More »

The Importance of Naming the Right Personal Representative and Executor

Many parents in the position of putting together their legacy plan, their asset protection plan or their estate plan will contemplate how they can involve their current family members including their children in the process. Automatically choosing the oldest child to serve as your personal representative executor and successor trustee is not always the most… Read More »

Do You Need a Digital Executor?

If you’ve ever engaged in the estate planning process before, there’s a good chance that you’re familiar with the basic concept behind an executor. An executor is responsible for managing your financial and your real estate assets after you pass away. However, the rise of digital assets may call for a totally separate executor altogether…. Read More »

How To Be An Executor

Being named an executor of a will is a serious responsibility. However, most people who are named know nothing about how to do the job, says a story in US News. An executor’s job is to handle the estate of the person who died. Basically, the executor identifies the assets and distributes them according to… Read More »

Estate Planning Mistakes

Estate planning can be complex, but it doesn’t have to be, as long as you avoid some common mistakes and pitfalls. A story on wmur.com lists some of those mistakes. They include: * Failing to plan. If you don’t have a will or an estate plan, the state can make decisions for you. * Not… Read More »

What Happens When an Executor Goes to Probate Court?

When one winds up in probate court, there is one saving grace: the Independent Administration of Estates Act (IAEA). This Act is quite helpful to executors because it permits them to take care of estate issues without obtaining formal approval from the probate court. This means fewer court appearances, calls, and less documentation in administering… Read More »

Did You Pick the Right Executor?

It may be difficult to select the person who will be responsible for managing and distributing the assets in your estate after your death. A recent article offers five tips to determine whether you have selected the right executor. Consider Expertise, as Well as Common Sense: While you can hire a business or professional to… Read More »

Was the Will Valid?

If a loved one passes on, it is important to determine whether or not he or she had executed a valid will during life. As a recent article explains, a will is the most common estate planning tool because it is the most simple way through which a person can state his or her wishes… Read More »