"Trustee, Executor, Power of Attorney: Who You Choose Can Make a Difference" by Attorney Colleen Sinclair Prosser It can be difficult to contemplate one’s own mortality. As a result, some people procrastinate in planning for what we all know will come in the fullness of time. Of course, those that plan will make for an easier time for family and friends. Planning is a loving thing to … [Read more...] about Trustee, Executor, Power of Attorney: Who You Choose Can Make a Difference
The executor of a will has a lot of important responsibilities during the probate process. Unfortunately, there are circumstances where executors are not able to fulfill those responsibilities in an appropriate way. If this happens, it can be unfortunate for everyone involved. Executors should try to do everything they can to avoid errors and to fulfill their duties so they can honor the wishes of … [Read more...] about What if an Executor of a Will Makes a Mistake?
"What if an Executor of a Will Makes a Mistake?" by Victor A. Lembo … [Read more...] about What if an Executor of a Will Makes a Mistake? (Audio)
One of the most important things you will have to consider when setting up an estate plan is who will be the executor of your will and the trustee of your trust. For ease of administration it is often recommended that you name only one person to fill these roles. Some people do not like to name just one person, especially when they have two children and they want both children to act … [Read more...] about How Many Executors Should I Name In My Will?
'How Many Executors Should I Name In My Will?" by Attorney Colleen Sinclair Prosser … [Read more...] about How Many Executors Should I Name In My Will? (Audio)
Handling homeowner’s insurance is one of the many aspects that an executor must manage after the death of a loved one. And while you are grieving the loss, if there is a house, it is often one of the first places you visit and immediately start thinking…what are my responsibilities? While it may be apparent that the utilities must be paid and the property secured, one item that often arises … [Read more...] about Handling Homeowner’s Insurance After Death
"The Policy of Handling Homeowners's Insurance After Death" by Attorney Victor A. Lembo … [Read more...] about The Policy of Handling Homeowner’s Insurance After Death (Audio)
The late Riley B. King, who many of us know by his stage name of B.B. King, kept us entertained during his singing years with his legendary blues music. His story is still keeping fans interested, but unfortunately for different reasons in the weeks after his passing. Several of B.B. King’s heirs are pursuing legal action against his longtime business manager with accusations of not letting his … [Read more...] about Possible Reasons Why B.B. King May Have Chosen Who He Did to Manage His Estate
"Who Should I Choose to Manage My Estate Plan? (B.B.King) " by Attorney Victor A. Lembo … [Read more...] about Who Should I Choose to Manage My Estate Plan? (B.B. King) -Audio-
When you create an estate plan, you choose people to make decisions for you, such as agents, guardians, executors, or trustees. Often, people do not give much thought to those decisions, just naming their oldest child or whoever pops into their mind. The choices for these roles are perhaps the most important decisions to make. Good choices can help to ensure your wishes are carried out while bad … [Read more...] about Good Decisions are Important in Creating Your Estate Plan