Image: Flickr user Ken Mayer. People write last wills and testaments in order to make sure that their final wishes are respected after their death. Yet in the end, it's up to the executor of a will to ...
When it comes to handling your loved one’s estate, the executor has a series of important duties and responsibilities. If you suspect an executor is mishandling their responsibilities or mismanaging ...
Being an executor is a big job, and a responsible one. You can be held liable for any egregious errors made in the process, so you clearly wish to focus on the job at hand, but I recommend telling ...
The executor of an estate is someone who wraps up a deceased individual’s financial affairs. If the deceased has a will, the will usually names a close relative, friend, accountant, attorney or ...
Dear Savvy Senior: My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails. What can you tell me about this?
Even though all three of your kids will share the estate equally, naming all three as co-executors is not a great idea.
Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.
Our grandmother passed away a few months ago, and she left behind a complicated, even messy, situation. My four brothers and I are the heirs. My father was left with nothing. That is clearly stated in ...
Helen Bush's old will stipulated her estate, which was worth $5 million at the time, to be distributed equally between 18 ...
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...