Inheritance tax is an important aspect of an executor’s duties when handling an estate. Not every situation will require this tax, but it is your job as executor to know if you must pay it and then to make payment. The Official Site of the State of New Jersey explains...
While the majority of Americans do not have a last will and testament, almost everybody is aware of the purpose of such a document. Far less well-known are living trusts, which can be a very robust and powerful part of any complete estate plan. A living trust can help...
Handling matters of the estate often seems complex and difficult. This is true even after you have created your estate plan. After all, even after its creation, you still have to go back and review it to make sure it is up to date. Fortunately, you do not need to...
An estate plan protects you, your assets, and your family. Accordingly, it is important you take a thoughtful approach to the process to ensure the best possible results. Creating a will and trust, and making smart decisions when it comes heirs and executors is...
Deciding how to distribute your estate depends on who your beneficiaries are and the kind of legacy you wish to leave behind. Exploring all your options can help you choose one that is complementary to your lifestyle and your end of life wishes. One option you can...
Don't assume that sibling rivalries always stop when children become adults. The truth is that they can certainly continue. Even if they don't actively continue, the impact that they had on the children can definitely influence their lives as adults, as well.For...
For years now, experts have been warning that most Americans do not have a will. Even though most of them say that a will is important when asked, they don't actually write one.Has the exposure of this information helped people realize just how important estate...
The idea of a will is to set in stone what happens to a person's estate after they pass away. However, that does not mean that the estate plan always stands. There are reasons that you may want to challenge a will, especially if you think that it is unfair, unjust or...
Many people are the victims of inheritance theft without ever realizing it. It can take many forms. Often, it's not as overt as, for example, a trustee stealing money from a trust that was intended for a beneficiary or a family member pilfering an antique vase that...
One reason for disputes during the probate process is that one sibling gets selected as the executor for the estate, but then the other siblings feel like their actions during the process are not fair or not in keeping with their parent's wishes. In some cases, they...
