Posts Tagged ‘ Executor ’

Last Week in Estate Planning (September 18 to September 24, 2011)

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This past week, there were several posts and articles that provided helpful information in terms of estate administration and the nuts and bolts regarding the transfer of decedent’s property to their rightful heirs. Top Posts and Articles of the Week Post of the Week Estate Auctions Aren’t Just for the Rich and Famous, Julie Garber,…

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Probate In Real Life III: Rights Against Beneficiaries

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Today, we continue our discussion of probate and the executor’s duties.  In Part I, we discussed what happens if a named executor does not want to serve.  In Part II, we discussed inventories, the executor’s duty to control the estate’s assets, and the potential for the estate representative to suffer personal liability.  In this post,…

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Probate In Real Life II: The Executor’s Duties and Liabilities

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Today, we continue our discussion of probate and the executor’s duties.  In Part I, we discussed what happens if a person named as executor does not want to serve.  In this post, we will cover the executor’s duties of preparing an inventory of the decedent’s property, controlling the estate’s assets, and his potential for personal…

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Probate in Real Life I: Named Executors Declining to Serve

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A Fairly Common Scenario Let’s say you live in a townhouse next door to a kindly elderly widower renting the place.  You help him with groceries, getting the newspaper, and make sure he pays his bills on time.  You become his confidant and spend more and more time exchanging life stories and shooting the breeze…

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Virginia Probate in Just 27 Easy Steps

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Fellow blawger Martha Hartney, Esq. of Colorado wrote a post this week called “Probate? What’s the Big Deal?”.  She relates how one of her colleagues indicated that “Probate is easy in Colorado.  Any attorney who recommends a trust-based plan is practically committing malpractice.”  Similar claims are being made in different states as well, including Virginia.…

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Digital Assets: Estate Planning for Online Accounts Becoming Essential (Part I)

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If you are the only person who has access to your online accounts, then what happens when you die?  When you open an account online, you usually have to first accept the company’s “Terms of Service” on a take it or leave it basis.  These terms usually provide that the company will maintain some level…

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Estate Planning Fundamentals

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So far, we have discussed many different aspects of estate planning in this blog.  However, if this site is supposed to convince you that estate planning is something that you should really get a handle on, then we should probably discuss some basics.  We’ll do so in a Question and Answer format:  Read more...

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