Being named an executor is a significant responsibility. It can also be quite time consuming, depending on the size and complexity of the estate. Most estates can be settled within a year, but there are definitely exceptions to this. Before closing an estate, the... 
An estate final accounting is the last step in the process of closing an estate and distributing the assets. The process and forms required differ from state to state so it is important to check on the particulars required for your state. The estate’s final... 
After the turmoil of dealing with the grief and emotions of losing a loved one, and all the initial decisions that are required regarding planning the funeral and handling any immediate concerns regarding the estate you will need to make decisions regarding what to do... 
When you write up your will you need to choose individuals for a few positions: executor, guardian (if you have minor children), and trustee (if you have a revocable or irrevocable trust). Your executor is responsible for making sure that your assets are protected and... 
If you die without having created and signed a will, it means that you have died ‘intestate.’ If this happens, the intestacy laws of the state where you currently reside dictate the way in which your property is divided after you pass away. This includes... 
We all must deal with the fact that at some point in time we will face the inevitable and need to prepare for end of life. If you are trying to put some plans in place and are looking into insurance, then here are some ideas that will hopefully help you out. Types of... 
You may not believe it, but everyone has an estate. All of your possessions make up your estate, including your vehicles, real estate, banking accounts, all investments and life insurance policies plus any of the other of the myriad of things you own from the couch... 
There are two primary types of trusts – revocable and irrevocable. Here are the basics regarding the differences between them and the benefits each has to offer. What is a Revocable Trust? A revocable trust is a trust in which the provisions can be altered or... 
Individuals have the ability to designate beneficiaries directly on assets such as investments, annuities, insurance products, and registered plans. By choosing to handle assets in this manner, the proceeds of the assets go directly to the beneficiary (or... 
Dealing with the loss of a loved one is incredibly difficult for everyone. What is important to remember is that each person handles grief in his or her own unique way. Unfortunately, while dealing with grief, the rest of the world does not stop and neither do your... 
Your loved one has passed away, you have taken the time to grieve, and have allocated any items specifically mentioned in the will to the appropriate beneficiaries. You and your family have now also sorted through their possessions and decided which you want to keep... 
It’s incredibly difficult to lose a loved one. Not only are you in a state of mourning but your list of things to accomplish seems never-ending, from contacting family friends to planning a memorial service to making decisions about your loved ones’... 
Probate is the court process through which a will is proved valid or invalid. It is the legal process for administering the estate of the deceased. Steps Authenticating the Last Will and Testament Most states require that a will be filed with the probate court as... 
Siblings can be your best friends, but at times, they also feel like your worst enemy. You know the best and the worst about your siblings, which is both a good and bad thing. When a parent passes away, a sibling is the one person who can truly understand what you... 
When a loved one passes away, they typically leave behind an inheritance for their loved ones. The inheritance can have monetary or sentimental value, or a combination of both. Here is a list of the most common types of inherited assets: Qualified Plans Qualified... 
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