While you may intend it as a gesture of trust or love, naming a friend or relative as executor of your estate has serious implications. The duties of an executor are formidable — onerous, actually — ...
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 ...
It’s hard to find good help, especially when you’re dead. Choosing an estate’s executor, the person who carries out the terms of a will, is a fraught decision, and whether you tap a friend, family ...
I discuss my experience as an estate executor for my father and wife, highlighting the challenges and lessons learned. I emphasize the importance of preplanning and having a Power-of-Attorney ...
Don't let the wrong executor derail your estate plan. Here are the seven worst mistakes people make when choosing an executor, and what to do instead.
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 ...
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 ...
When someone passes away, it’s up to their executor to handle the probate process. But what happens if the executor of a will dies? While that’s a rarity, it can create complications as someone else ...
A Will, is an instrument by which the Testator (person preparing the Will) expresses his desire and wishes for distribution of his estate upon his demise. It is a legal declaration of the intention of ...