A checklist of the tasks executors must complete, including filing a petition with the court, collecting all of the decedent’s assets, paying state and federal taxes, and preparing a statement of receipts.
A collection of commonly asked questions about choosing the right executor. Find answers to your questions about executor eligibility, the qualities an executor should possess, naming an alternative executor, and more.
Learn about what happens to a person’s debts after he or she passes on. You’ll find information on whether you’re responsible for a deceased relative’s debts, how credit card debt is treated after death, and more.
A guide to administering an estate. Learn about which state law applies, the difference between formal and informal probate, appointing a personal representative, inventorying and distributing the estate, and much more.
When a person dies, all of his or her possessions – real estate, money, stocks, personal belongings, etc. – become a part of his or her estate. Estate administration refers to the process of collecting and managing the estate, paying any debts and ta...
A look at how wills are treated upon the death of the testator. This article offers information on how probate works, the formal requirements for wills, and limitations on wills.
When a person dies, all of the deceased's possessions become a part of his or her estate, which must then be administered according to the will of the deceased person. The person who handles the administration of the estate is the "executor." Just as...
After a relative dies, the last thing grieving family members may expect are calls from debt collectors asking them to pay their deceased loved one's outstanding debts . According to the Federal Trade Commission (FTC), the nation's consumer protectio...
A broad overview of the executor’s role in estate administration. Learn about the many duties handled by the executor, including overseeing the disposition of property, paying off debts, and more.
Answers to common questions about the duties of an executor. Learn about what executors typically must do, whether they may refuse the responsibility, whether they’re paid, whether they receive professional assistance, and more.