The executor of a will plays a very important role in the process of closing a deceased individual’s estate. Although many think of executors as simply the people who inform heirs of what they’ve ...

A nominated executor is obliged to secure estate assets even before the issuance of letters testamentary, or preliminary letters testamentary (see Matter of Schultz, 104 AD3d 1146 [4th Dept. 2013]).

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 ...

Executors and administrators of estates in Virginia must swear an oath before the probate clerk that they will “faithfully perform the duties of [their] office to the best of [their] judgment.” These ...

Dear Savvy Senior, An old family friend recently asked me to be the executor of his will when he dies. I feel flattered that he asked, but I'm not sure what exactly the job entails. What can you tell ...

Q. If a spouse dies, you have to have the will probated with the county and you will receive short forms to take to banks. Does the state figure out the estate and sales tax from the information sent ...

Dear Amy: Our widowed father died three years ago. He left a moderate estate to his seven children. Our sister "Tracy" was named executor. She sold his condo and accessed various accounts and divided ...

Executors across the United States regularly discover that managing a parent’s estate creates emotional crosscurrents that have little to do with legal paperwork. Even in families without ...

Dear Mr. Premack: Many years ago I agreed to act as Executor for the estate of a close relative. Now, she is very ill and may be near death. I find myself having second thoughts about being Executor.

The majority of Canadians appoint family over friends as the executor of their will, according to a BMO Financial Group study. However, with executor responsibilities consisting of nearly 50 tasks ...