Dear Savvy Senior: My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails. What can you tell me about this?
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 ...
When it comes to handling your loved one’s estate, the executor has a series of important duties and responsibilities. If you suspect an executor is mishandling their responsibilities or mismanaging ...
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 ...
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 ...
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, ...
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 ...
Losing a loved one is difficult. Aside from the overwhelming grief that comes with loss, many families are often faced with executing the deceased’s final wishes. To make fulfilling their wishes ...
Simply put, an executor manages the last will and testament of someone who dies. Acting as an executor is an honour and a huge responsibility. As the designated representative of the deceased, ...
Our grandmother passed away a few months ago, and she left behind a complicated, even messy, situation. My four brothers and I are the heirs. My father was left with nothing. That is clearly stated in ...
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 ...