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Alert ! Learning your Executor Duties is critical |
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| Date Added: November 22, 2008 05:01:57 PM | |
| Author: Admin | |
| Category: | |
Settling an estate of a loved one always starts off with "good intentions" but the complexities of probate and estate settlement often wears down the "good will" of parties involved. After a death family and friends "come together" and honor the life of the decedent but soon after controversies often develop. If you are named in a will as a executor or under a trust agreement as a trustee it is critical to learn your executor duties and fiduciary duties. If you don't, you may find your self to be the target of attacks by family members who are eager to receive funds and even more eager to criticize your actions as the estate executor. Learning your executor duties and staying clearly within your responsibilities we lower financial and emotional risk. To prevent this make sure you review you executor duties early in the process with your estate attorney. |
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Latest articlesWhat is a Letter Testamentary/Letter Administration?
If you try to get access to a bank account or any other asset that belongs to a deceased person, you will be asked for a Letter Testamentary. It isn't what it sounds like and you can't obtain one without the Court being involved.
Post Funeral Planning Checklist
Are you an Executor or Administrator? No certain where to start? Here is a great list of things to start gathering and collecting so that your attorney can properly administer the Estate.
Alert ! Learning your Executor Duties is critical
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