Most people are completely unaware of the heavy personal legal and financial responsibility they accept when they agree to ...
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 ...
Rhonda Griswold, a Cades Schutte law firm partner, joins producer/host Coralie Chun Matayoshi to discuss your fiduciary duties as an Executor or Trustee, things you need to do, notice and accounting ...
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 ...
While teaching Estate Planning and Taxation at SFA, I prepared a handout on “Duties of the Executor.” It is detailed but is not all inclusive. Several of my students told me that they shared the ...
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 ...
aquaArts studio / Getty Images Suppose your mom, who is widowed, has three children (including you). She executes a will that leaves her estate to you and your two siblings, and names you as executor ...
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Tackling executor duties for a dead relative
The death of a family member, even a distant one, can be emotionally difficult. But if your relative has named you executor, you have extra weight on your shoulders. Being executor — also called a ...
Being asked to be an executor of someone’s last will and testament is in many ways a great honour. What higher compliment can you receive than being entrusted to put into motion the final wishes of ...
Just because someone is trustworthy doesn't mean they're the right choice. Consider whether your intended executor or trustee ...
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