You've Been Named Executor: Now What? Acting as executor of an estate (also called "personal representative" in some states) doesn't have to be an overwhelming task if you're organized. As the chief ...
With the aging baby boomer population, more people will be asked to close estates and with this task comes great responsibility. “The executor makes sure the will is carried out properly,” says Randy ...
Executors have a fiduciary duty to act in the best interest of the estate and its beneficiaries. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
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 ...
Dear Dave: What exactly is an executor, and what part do they play in someone’s will? — Gabe Dear Gabe: Simply put, an executor manages the last will and testament of someone who dies. Acting as an ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Serving as the executor of an estate is not just an ...
When someone passes away, it’s up to their executor to handle the probate process. But what happens if the executor of a will dies? While that’s a rarity, it can create complications as someone else ...