Downs Law Firm, P.C.
Serving as an executor is a significant responsibility that requires careful attention to legal, financial and administrative details to ensure a smooth probate process.
This article discusses some of the advantages and strategic considerations of sharing estate planning details with the next generation, or “Letting the Cat Out of the Bag”
Lisa Marie Presley’s estate—previously at the center of a high-profile family dispute between actor Riley Keough and her grandmother Priscilla Presley—is the subject of another legal filing, this time over an alleged unpaid loan of $3.8 million. Keough became the sole trustee of her late mother’s estate less than two months ago.
Dealing with death is never easy and overseeing the estate can be complicated. However, staying organized can help you manage things smoothly.
From contentious relatives to scam artists, wills are not immune to the threat of a contest. If you have an inkling such a fight could be in your estate’s future, here are some ways to limit the risk.
Here are some important parts of your estate plan that should be reviewed.
Usually when asked to be the executor of a family member’s estate, the person feels honored and trusted. It’s a big responsibility, since the executor will be carrying out a person’s final wishes.
Estate planning is a cornerstone of any healthy financial plan, but it can be difficult to discuss.
The death of a loved one results in an emotional grief that, when combined with large sums of money on the line, can cause the beneficiaries of the will or trust or the heirs of the deceased to challenge the validity, interpretation, or administration of the will or trust.
There are continuing misconceptions regarding what powers are held by a personal representative and when he can exercise them.
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