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 ...
As an executor you are responsible for collecting the estate’s assets, settling any debts, arranging the payment of ...
After my father was diagnosed with a brain tumor in 2020, I started my role as his estate executor using my Power-of-Attorney or POA designation and wrote about those activities in my article titled ...
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 ...
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 ...
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 ...
Q. My aunt is a widow, has no children and is in an assisted living center with dementia. A few years ago, she signed a will naming me as executor. I never received a copy of the will. One of my ...
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 ...