Although it’s never fun to think about, estate planning is an important part of life, especially as we grow older. Many people choose to create a last will and testament to dictate how to bequeath ...

Forbes contributors publish independent expert analyses and insights. I am a lawyer specializing in elder law and special needs. If you have been named the executor of a deceased person's estate, you ...

(This article is adapted from the new book 5@55: The 5 Essential Legal Documents You Need by Age 55.) One of the most important things someone can do to best ensure their estate is handled without a ...

You've Been Named Executor: Now What? Acting as executor of an estate (also called "personal representative" in some states) doesn't have to be an overwhelming task if you're organized. As the chief ...

An executor is responsible for managing the deceased's finances, settling debts and distributing assets as outlined in the will. Tasks of an executor include notifying authorities, closing accounts ...

Drafting a last will and testament can help to ensure that your assets are distributed according to your wishes after you pass away. You can also use your will to name a legal guardian for minor ...

Lawrence "Larry" Sprung is the founder and lead wealth advisor at Mitlin Financial, Inc®. Since establishing the firm in 2004, Larry has prioritized personalized financial planning for families. His ...

Can an Executor Be a Beneficiary? The short answer to the question of whether an executor of a will can be a beneficiary is yes. Serving as an executor of a will involves significant time commitment ...

When retirement benefits are payable to a decedent’s estate, what unique obligations and opportunities does the executor of the estate have with respect to those benefits? Last month, we looked at the ...

There may come a time when a parent or loved one assigns you the role of executor of their estate. This might not be a surprise if they’ve had a conversation with you early on about their final wishes ...

A sibling and their adult child were living with our mum at the time of her death. The sibling moved out when she died but ...

ALTHOUGH many people make a will to ensure their affairs are taken care of after they die, figures show that only 37 per cent of adults in Northern Ireland have made one. There are a high percentage ...