Once you have the will or the trust documents, you’ll have a clearer idea of how complicated the process of administering the estate might be. At that point, you’ll want to consult with an estate attorney, tax accountant, appraiser or any other professionals whose expertise can help you ...
I thank all the supporters of The Common Executor for visiting during a turbulent year in 2021. In my absence, while administering my Mother’s estate, The Common Executor continued to grow. Although the growth may be due in part to the continued pandemic, I still appreciate the support The...
Allow family members to grieve without the stress of administering an estate. Although these are all valid reasons for choosing a bank as executor, you must give careful consideration to the advantages and disadvantages of such a choice. Without proper consideration, you may make a choice that co...
The executor and administrator essentially have the same responsibilities for administering the estate and overseeing the probate process Whether someone is an executor or administrator depends on whether the deceased diedtestate vs intestate Some states use the termpersonal representativeinstead of distinguis...
owed. A beneficiary can bring a lawsuit against the executor if he sells, steals or otherwise mismanages estate property. If you have a claim against an executor or you are concerned that you have not properly carried out your duties administering an estate, it is best to consult a...
gifts which we have made and that our affairs will not prove to be a tangled and complicated mess.For most of us, however, the reality is quite the opposite and it is down to our executors to take responsibility for all the potential issues that can arise in administering your estate. Th...
Probate is the entire process of administering a dead person's estate. This involves organising their money, assets and possessions and distributing them as inheritance – after paying any taxes and debts. If the deceased has left a Will, it will name someone that they've chosen to administer...
An executor, also called a personal representative, is the person responsible for managing the administration of a deceased person's estate.
The legal industry is composed of people who have studied Law. They work in the courts administering the law. They work as paid lawyers for individuals and families when required. They work for government, insurance companies and big business. They also work in reforming and making new laws. ...
After Humphrey died the next year, the person charged with administering his estate, Humphrey’s executor, sued for back pay. The justices ruled unanimously that the law establishing the FTC was constitutional and that FDR’s action was improper. “For it is quite evident that...