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 ...
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 ...
Appointing the right executor is one of the most important decisions when preparing a Will. Executors play a central role in the administration of an estate including applying for probate safeguarding ...
Imagine this scenario: Christine is in her 70s and needs to revise her will. The last time she looked at the document, her husband was still alive and their three children were toddlers. A lot has ...
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 ...
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 ...
When someone dies, others may be called on to manage their estate. An executor is charged with overseeing the distribution of someone’s assets according to the will or state inheritance laws if they ...
An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...
Many states don’t set a deadline for executors to pay beneficiaries, but other deadlines can affect the timeline. Many, or all, of the products featured on this page are from our advertising partners ...
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...