Estate Administration
Being a parent is a nerve-wracking job in the best of situations. When you have a child with special needs or disabilities, however, it becomes infinitely more complicated and difficult. You won’t want to make assumptions about what your child can do with his or her life, but you may find yourself worrying about what life will be like after…Read More
For many people, serving as the executor of an estate or as trustee of a trust can be a dubious honor. On the one hand, it’s a clear sign that someone trusted you, respected your ability to follow directions and make decisions and believed that you would follow his or her last wishes. However, there is a lot of pressure…Read More
After the death of a loved one, those left behind often feel overwhelmed with the details involved in wrapping up the deceased’s affairs. This is especially so for those appointed as estate executors. An executor — or personal representative — of a will or an estate is in charge of making certain that the deceased person’s final wishes are carried…Read More
Baby boomers began reaching the age 70-and-a-half milestone in the middle of last year. Since then — and for the next 18 years — 10,000 baby boomers will retire each day. Downsizing often comes hand-in-hand with retirement. With the children grown and gone, parents no longer have the need — or the desire — to keep large family homes. With…Read More
This has happened more than once. Someone – let’s call him Robert Sr. – grants his son, Robert Jr., financial power of attorney for himself. When Robert Sr. becomes ill, Robert Jr. dutifully pays his bills and manages his accounts. When Robert Sr. dies, Robert Jr. – not knowing better – continues as before, opening mail and paying bills –…Read More
After a close family member has passed away, the last thing you want to worry about is debt that was left behind. A decedent’s debts usually disappear upon death. Unfortunately, this is not always the case, leaving mourning family members with big bills to pay. The average American dies with more than $60,000 in unpaid debt according to a study…Read More
