Why People Choose the Wrong Executor You wouldn’t think of naming the Transylvanian Count as your executor. But is naming your family always better than naming the Count? People do make crazy mistakes picking executors. Let me give you my guide to choose the best executor. Bad…
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Are you handling an estate for a relative, friend or business partner? Do you know what’s involved? As an executor, you’ll want to know answers to these top questions: How do I know I am the executor? Who pays for the funeral if you are the executor?…
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When should executors get help from professionals? The sooner you get advice the better. You want advice to protect yourself and the estate. Don’t assume that the same professionals the deceased used will meet your needs or standards. You can interview or meet with several lawyers before…
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Did you ever turn down a job offer? Your instincts probably said it wasn’t right or a good fit. The offer to serve as estate executor is like a job offer. It may be a job you should turn down. You need more than good instincts to…
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When can executors take charge of the estate? Your appointment as executor is effective when a person dies. A deceased person’s property legally “vests” in you as their personal representative, executor, or estate trustees. That’s a way of saying you become the legal—but not registered owner—of all…
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