Explore Probate Court, including its definition, key functions, actors, and the costs involved. Learn estate strategies to ...
What is worse than the loss of a loved one? To many, it is learning long afterward that the executor of a loved one’s estate seeks to claw back money distributed lawfully. Under New Jersey probate law ...
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 ...
When someone dies, others may be called on to manage their estate. An executor is charged with overseeing the distribution of someone’s assets according to the will or state inheritance laws if they ...
Serving as the executor of someone’s estate often takes a lot of time and energy, as the job comes with a laundry list of duties that include settling unpaid debts and transferring assets to ...
Inheritance Funding reports the average estate settlement takes 6-12 months, but debts and disputes can extend the process to ...
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 ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Debt burden, financial obligation or loan payment, heavy load of money ...