Posts Tagged ‘ small estate ’

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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