Being either a successor trustee or an executor is often a big commitment that may last for years. You’ll be required to ...
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M y pop passed away in 2000. His estate was awarded $50,000 in a class-action lawsuit over his cause of death. My brother was ...
The executor’s job is to step into the shoes of the deceased and ensure that assets are distributed according to the will, or, in the absence of one, in line with the laws of intestacy. It’s a role ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Wednesday, July 3rd. I'm J.R. Whalen ...
If a loved one asks you to be the executor of their estate, think carefully before you accept this responsibility. While you have the option of declining the request, the person reaching out likely ...
Rhonda Griswold, a Cades Schutte law firm partner, joins producer/host Coralie Chun Matayoshi to discuss your fiduciary duties as an Executor or Trustee, things you need to do, notice and accounting ...
Executors and administrators of estates in Virginia must swear an oath before the probate clerk that they will “faithfully perform the duties of [their] office to the best of [their] judgment.” These ...
A lot of clients who I meet with want to ask their children if they are willing to be the executor for their estate (should they need an executor). Rarely does a client who asks their child if they ...
Being named an executor is considered an honour by some people. But what if you don’t want the job of being in charge of someone’s will? In some cases, estate planning experts say people don’t find ...
Discover how estate oversight works, why executors hold such broad power, and what heirs can expect when major estates ...