Being either a successor trustee or an executor is often a big commitment that may last for years. You’ll be required to ...
An executor is responsible for managing the deceased's finances, settling debts and distributing assets as outlined in the will. Tasks of an executor include notifying authorities, closing accounts ...
On Friday, August 5, 2011, the Internal Revenue Service finally announced an important due date for executors of 2010 decedents’ estates who elect to opt out of the estate tax. An executor electing to ...
Get Morningstar's essential reading for financial professionals in Advisor Digest. This month and next, I'll offer a detailed look at the issues and obligations that executors face when retirement ...
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Key Things to Know About Time Limits and the Probate Process
Navigate the intricacies of probate time limits. Explore factors affecting probate duration, deadlines, and tips to speed up ...
On September 13, 2011, the IRS released Notice 2011-76, which gives executors of estates of 2010 decedents more time to make an informed decision about whether to stay in the default estate tax regime ...
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