How to Administer and Distribute an Estate No Comments

Your loved one has passed away and you have been named as an executor or administrator. Do you know your responsibilities? In general, you are responsible for ensuring that the debts and assets of the estate are distributed and managed. To do this, you will look to your loved one’s Last Will and Testament as well as local, state and federal laws…

How to Choose an Executor for Your Estate No Comments

During your estate planning process, you will ultimately get to the point where you need to pick an executor for your estate. The executor is the individual who will manage the affairs of your estate and ensure that your estate plan is implemented properly, in the way that you intended. Picking an executor is not an easy decision, as there are many requirements for a…

What Does the Executor of an Estate do? No Comments

An executor of an estate has several obligations for managing and closing an estate, and the role can be time consuming depending on the size of the estate. The executor has the job of protecting the assets of the estate until they are distributed to the specific beneficiaries that the estate owner intended. Executors also have the responsibility of making sure that debts…