Dealing with the death of a loved one is devastating enough without debt collectors beating down on your door to demand payment. If you've just assumed your role as an appointed executor or administrator, questions like these may have crossed your mind: "How long do creditors have to collect a debt ...
For so many people, the loss of a loved one or a family member is a moment characterized by complex emotions, and the idea of probate becomes a daunting thought. Did the deceased leave a will where he clearly mentions who the beneficiaries of his inheritance are and names an executor to fulfil his l...
When they pass away, people often want to leave their assets and properties to persons they care about. But sometimes, the deceased doesn't make a will or dies with debts, and in such cases, their property must go through a probate process before being distributed to the legal beneficiaries. When th...
In the complex probate process, an executor plays a vital and nuanced role. The personal representative appointed by the deceased person is responsible for paying the decedent's debts and distributing inheritances to the beneficiaries as stated in the late person's will, ensuring that the assets are...
People granted power of attorney may be tempted to exploit a deceased person's estate and act in their own interest. That's called abuse of power of attorney or breach of power of attorney. If you feel that this might be happening in your family, you must act quickly to protect your loved one's e...
The death of a parent can be emotionally devastating. If the parent passes away without a testament to establish how to distribute his possessions clearly, the confusion and trauma can be even more profound. One of the most frequently asked questions we receive is, "What is a child entitled to when ...
Coping with the loss of a beloved one is a delicate moment. But if, besides dealing with difficult emotions, you also have to take care of the deceased person's estate and financial affairs and make sure their last wishes are fulfilled, then you might feel overwhelmed. And that's when you might hear...
After the death of a loved one, you will always hear words like executors, personal representatives, and administrators. If you are in the position of managing the deceased person's assets, you may be wondering what each of these three terms means. What are the duties of a personal representative vs...
When family discussions turn to estate matters after a loved one's passing, you may find yourself in one of two positions. On one hand, you may have learned that you are the named executor in the deceased's will. You may be grappling with the weight of your new role, wondering what the duties of ...
Navigating probate real estate matters can be overwhelming, especially if you've been appointed as the personal representative. You may be at a loss as to where to start and what decisions to make in certain situations. Resolving conflicting interests among family members and satisfying creditor ...