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 ...
Selecting an executor for your estate is one of the most crucial decisions in the estate planning process. The executor will be responsible for managing your assets, ensuring that your wishes are ...
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.
Executors have a fiduciary duty to act in the best interest of the estate and its beneficiaries. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
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 ...
With the aging baby boomer population, more people will be asked to close estates and with this task comes great responsibility. “The executor makes sure the will is carried out properly,” says Randy ...
These tips will reduce the complications that come with the job Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of ...
David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.
Here are some tips for choosing an executor: Consider your relationship with the person. Often, your surviving spouse or another family member is a good choice, but there could be advantages to ...
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