Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.
'There's no trust in place, but there is a will' "How long does it take for an executor to be able to access the account and pay the debts of the deceased?" (Photo subject is a model.) Dear Quentin, ...
'The attorney for my late father stated that all beneficiaries needed to wait 10 months before disbursements from the sale of the home could be released' "The executor has failed to finalize my father ...
The selection of your executor and/or trustee (also referred to as your “fiduciary” or “fiduciaries”) is among the most important decisions you will make in establishing an estate plan. Your chosen ...
Add to that the distribution of assets and the stress of probate, and there’s the strong potential for conflict — especially ...
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‘He’s executor of his dad’s estate’: Should my son use his late father’s bank account to pay for funeral expenses?
My 27-year-old son has a dilemma. He’s the executor of his dad’s estate. (There’s no trust in place, but there is a will.) At this point, the estate has less than $100,000, if that matters. Is it ...
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