Unless you served as someone’s executor in the past, you may be learning the process as you go. The executor role brings with it many important responsibilities, and failing to follow certain guidelines may wind up costing you and your loved ones a good deal of...
Starting a limited liability corporation (LLC) can be a good way to protect yourself when you want to go into business. An LLC protects your personal property from claims made by business anyone who tries to sue your business. One of the most important protections an...
Many individuals don't have estate plans in place. The beneficiaries of those who do have a will or trust expect everything to proceed as documented in these estate planning documents once the testator or trust owner passes away. While most probated cases play out as...
If your loved one has passed away, one of the things that will need to happen is for all of their debts to be resolved. Claims may be made against the estate by their , and that can be tough to handle. Understanding your role in this process is critical for any...
Conflict and thankless work are often a part of estate administration. Those who agreed to serve as the executor for an estate may have to deal with arguments or disagreements with a co-executor or trustee as well as disputes with heirs and lots of red tape. The risks...
Maybe you knew it was coming or it might have been a total surprise But you learned something today: You are the named executor of someone's estate. Being named the executor of someone’s will is both an honor and a position of trust -- but it’s also a lot of work. If...
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