Here’s a tale of caution about being an executor, the person you appoint in a will to oversee your estate after your death. The cast includes a 73-year-old high-school-educated homemaker named ...
Q. I am one of three executors of an estate that’s approximately $3.24 million. We are trying to determine the commissions to take for 2022. The first commission is the income commission of 6%, to be ...
Finding out that you have been selected to be a family member’s Executor can be both an honor and a huge time commitment. Although each estate administration varies depending on the complexity and ...
If a loved one asks you to be the executor of their estate, think carefully before you accept this responsibility. While you have the option of declining the request, the person reaching out likely ...
Many clients will become executors for parents, family members or close friends. But the job’s responsibilities may expose them to significant liability. The biggest financial risk to an executor is ...
Most executors perform their duties with integrity and dedication. But when an executor doesn’t uphold his duties, a beneficiary may want to remove him. We detail the criteria to do so, and the ...
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.
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 ...
NEW YORK — A judge yesterday ordered the immediate removal of former butler Bernard Lafferty as executor of the $1.2 billion estate of tobacco heiress Doris Duke. In replacing Mr. Lafferty with a ...
Question: A good friend who lives a couple states away has asked me to be her executor and health care agent. They have a house, pets and, most likely, investments and bank accounts. What happens when ...
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