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 ...
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 ...
The ‘Executor of the Estate’ sounds like a title for a new spellbinding novel. While the position is, perhaps, not so grand as the name would imply it's, nonetheless, extremely important. Let's look ...
Most people are completely unaware of the heavy personal legal and financial responsibility they accept when they agree to ...
Dear Savvy Senior: An old family friend recently asked me to be the executor of his will when he dies. I feel flattered that he asked, but I’m not sure what exactly the job entails. What can you tell ...
You know the deceased loved one had a will and that you were named as the executor. The executor is responsible for the settlement of the estate. Connecticut statutes require an estate be settled ...
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 ...
Far too many of us put off finalizing estate documents because we get hung-up on one or more decisions where we believe we have less than optimal choices. Over my next few posts, I will provide my ...
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 ...
Being named as an executor in a loved one’s Last Will and Testament is a big responsibility. It is important to understand what you are agreeing to before you step into the role as executor. First, it ...