Learn how probate validates a will, pays debts, and distributes assets to heirs. State intestacy laws apply when there is no ...

Our dad is 93 and has a reverse mortgage on his house, where he lived until recently with my brother and my brother’s friend.

An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...

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 ...

Losing a loved one is never easy — and if you’ve been named executor of their will, you’re also stepping into a big responsibility. An executor is the person legally appointed to settle the deceased’s ...

Q. In New Jersey, are co-executors allowed? When I prepared by will, my attorney said or implied that co-executors were not allowed. — Confused A. We’re glad to hear you’ve taken steps to plan for ...

Selecting an executor for your estate is one of the most crucial decisions in the estate planning process. The executor will be responsible for managing your assets, ensuring that your wishes are ...

Distributing any remaining assets after all estate debts are paid to those individuals or organizations named in the will When creating a will, you have the power to choose who should serve as your ...

Q. My wife and I are wondering about the pros and cons of naming an estate planning lawyer versus a family friend or distant relative to serve as executor after we have both passed away. We have no ...

Executors have a fiduciary duty to act in the best interest of the estate and its beneficiaries. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

A lot of clients who I meet with want to ask their children if they are willing to be the executor for their estate (should they need an executor). Rarely does a client who asks their child if they ...

When someone passes away, it’s up to their executor to handle the probate process. But what happens if the executor of a will dies? While that’s a rarity, it can create complications as someone else ...