Most people need time to process things when a family member dies. But if you’ve been named executor in their will, you have ...
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 ...
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, ...
Is it advisable for my son to transfer some of his dad’s funds to a newly established account in his name so he can at least ...
Being an executor is a big job, and a responsible one. You can be held liable for any egregious errors made in the process, so you clearly wish to focus on the job at hand, but I recommend telling ...
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 ...
A. You can select just about anyone to be your executor. The executor is responsible for paying last debts and creditors, filing tax returns and paying taxes and distributing the estate's assets in ...
As executor, you’ll be required to manage the trust assets, pay final bills and creditors and communicate with beneficiaries.
Dear Liz: A lifelong friend has made me executor of his will. He has one brother who is named in the will only to be told that he is not included. My friend’s estate is left to two other lifelong ...
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, ...
But if you’ve been named executor in their will, you have to start processing immediately. After all, you’re now legally ...
She had carefully planned her estate so that there would be no surprises. She had even prepaid all funeral expenses. I have power of attorney for her estate. She had 2 IRAs that were dispersed equally ...