Being an executor is an important obligation not to be taken lightly. There are many duties that are necessary. Initial Work The Estate Trustee or executor’s first steps are to
What is an Administration Bond? An administration bond is a promise to pay under specified circumstances, undertaken by a prospective estate trustee, to protect the interests of the beneficiaries and
What happens if I die without enough assets to satisfy my debts? When someone dies with insufficient assets to meet the claims of their creditors, they leave an insolvent estate.
Inter vivos gifts are gifts made by a person during his or her lifetime, as opposed to leaving gifts in a Will (inter vivos is Latin for “between the living”).
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