Q. I need information on the duties of an executor when the time comes. Is there a publication on the basics of these duties in the order of importance, like a 1-2- 3 list of what to do? A. Here are ...
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 ...
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 ...
Appointing the right executor is one of the most important decisions when preparing a Will. Executors play a central role in the administration of an estate including applying for probate safeguarding ...
Executors and administrators of estates in Virginia must swear an oath before the probate clerk that they will “faithfully perform the duties of [their] office to the best of [their] judgment.” These ...
When drafting your will, one of the most critical decisions you will make is who to nominate as your executor. Your executor is the person who will step into your metaphorical shoes when you pass on, ...
Dear Savvy Senior: My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails. What can you tell me about this?
What is worse than the loss of a loved one? To many, it is learning long afterward that the executor of a loved one’s estate seeks to claw back money distributed lawfully. Under New Jersey probate law ...
Inheritance Funding reports the average estate settlement takes 6-12 months, but debts and disputes can extend the process to ...