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, ...
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 ...
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 ...
Following the death of a loved one, there may be fear and uncertainty about what to expect. However, needs must be attended to on behalf of the deceased. Specifically, an estate executor must be ...
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 ...
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 ...
What It Means for Estate, Trust and Probate Duties ...
Q: Let’s say someone — we’ll call him “me” — has been named executor for an elderly friend, even after telling him I don’t want the job. He has no one else to give the position to, no relatives or ...
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 ...
New Jersey is considered a "probate friendly" state since the executors are not required to obtain court approvals for most actions. However, if the executor is not complying with state law, in N.J.
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