Category Archives: Executor
Managing Your Last Wishes If You Don’t Have Children
Being a single person who is approaching your older years with concerns about long term care is natural. It is very important to think about who will manage your last wishes if you do not have family members who are aware of your estate planning intentions and have documented these. With only a few… Read More »
Can My Executor Change My Will?
Your will is referred to as a “last will and testament” for a reason: so long as it’s legally valid, in the vast majority of cases, it cannot be changed by an executor after you pass away. Your will is your opportunity to share your plans and intentions so that they can be handled… Read More »
Should You Name an Independent Executor?
One important part of the process of creating a will for your estate is choosing who will serve in the role of executor. The executor has to play many important roles in the management of your estate, including all the paperwork. If you don’t anticipate any major problems with your estate or arguments within… Read More »
Can Someone Be Removed as an Executor in Virginia?
An executor is the person associated with the administration of a Virginia estate of a deceased individual during probate. The court can appoint this person named in the will as executor. In some cases, however, this person is also named as a beneficiary in the will and is an heir to the estate property…. Read More »
What Is Required to Open an Estate in Virginia?
Regardless of the size of your Virginia estate, it is critical to establish a plan that can help prepare for the future. Having a necessary framework of your Virginia estate plan in place enables your loved ones to have a comprehensive guide to follow. To formally open a Virginia estate, an individual must first… Read More »
Tips for Choosing an Executor
An executor is the individual who has the legal responsibility to ensure that your wishes for your estate plan are carried out as well as any taxes, debts and bills are paid. You need to identify someone who is competent as well as trustworthy and someone who can recognize that they might not have… Read More »
Tips for Choosing an Executor
When approaching the estate planning process, your executor is the individual who has the legal responsibility to ensure that all of your estate planning intentions and plans are carried out to pay out any debts, bills and taxes, and to ensure that your assets are transferred properly. When identifying the right person to choose… Read More »
Duties of Executors More Complex In Digital World
The roles of executors and their agents, which had remained largely unchanged for decades, are, like everything in this digital age, undergoing a transformation. Financial data analyzing “Being named an executor by a family member or close friend is an expression of the highest regard and trust, and it is generally regarded as an… Read More »
Choice Of Executor Vital Part Of Estate Planning
Making a will and keeping it up to date are only part of what people need to do to ensure their wishes are properly carried out after death. Wife showing where to sign to her husband Selecting the right executor for an estate is also vital. That message was brought home in a recent… Read More »
Preparing for the inevitable can be a kindness to others
Along with taxes, we all face one other grim inevitability: We’re all going to die. No one but tax attorneys and IRS agents likes to think about the former, and possibly only morticians routinely contemplate the latter, but the prudent person sets aside money to pay taxes and wise individuals make some preparations for… Read More »