How Does an Executor Manage Assets
The loss of a loved one is a difficult time, often compounded by the necessity of addressing estate settlement and the liquidation of assets.
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The loss of a loved one is a difficult time, often compounded by the necessity of addressing estate settlement and the liquidation of assets.
There are better—and often more creative—ways to plan and divide that can avoid family squabbles over cars, jewelry, furniture and household items.
The long, expensive court fight over the will of soul singer Aretha Franklin provides a cautionary tale for people who want to make sure that their wishes are carried out after their death — and for their families.
A badly in debt woman dies leaving the proceeds of substantial insurance policies to her children only to have her trust contested by relatives who claim an amendment naming the children as beneficiaries is invalid with no witnesses, misspelled names, suspicious signatures and was never given to previous trustees for review as required by agreement. A long, expensive, and protracted legal battle likely is brewing.
One of the biggest challenges that clients encounter during the process is deciding who to appoint as their trustees, powers of attorney, health care surrogates and executors.
The oldest son of Anne Heche has filed a petition to assume control of the late actress’s estate.
It is quite a tragedy when a loved one passes away. You may want to remember them by keeping sentimental objects from their home, or perhaps they wanted you to inherit a specific item.
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
A competent elder law or estate attorney can keep the estate process on track, and knows of provisions like family allowances, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.
Preparing for an estate sale can be a difficult and emotionally challenging task.