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 ...
Appointing the right executor is one of the most important decisions when preparing a Will. Executors play a central role in the administration of an estate including applying for probate safeguarding ...
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 ...
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 ...
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 ...
You know the deceased loved one had a will and that you were named as the executor. The executor is responsible for the settlement of the estate. Connecticut statutes require an estate be settled ...
Most people are completely unaware of the heavy personal legal and financial responsibility they accept when they agree to ...
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 ...
Add to that the distribution of assets and the stress of probate, and there’s the strong potential for conflict — especially ...
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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